Stephens & Co. Reiterates Equal-Weight on W.W. Grainger, Maintains $775 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Tommy Moll has reiterated an Equal-Weight rating on W.W. Grainger (NYSE:GWW) and maintained a price target of $775.
August 18, 2023 | 12:36 pm
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NEUTRAL IMPACT
W.W. Grainger's stock rating has been reiterated as Equal-Weight by Stephens & Co. with a maintained price target of $775.
The reiteration of the Equal-Weight rating and maintenance of the price target by Stephens & Co. indicates that the analyst sees the stock as fairly valued at its current price. This is unlikely to cause significant movement in the stock price in the short term, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100