Loop Capital Upgrades MSC Industrial Direct Co to Buy, Raises Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Chris Dankert has upgraded MSC Industrial Direct Co (NYSE:MSM) from Hold to Buy and raised the price target from $96 to $124.
October 09, 2023 | 10:38 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
MSC Industrial Direct Co has been upgraded from Hold to Buy by Loop Capital analyst Chris Dankert, with a raised price target from $96 to $124.
The upgrade from Hold to Buy indicates a positive outlook for the company's stock. The raised price target from $96 to $124 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100