Stephens & Co. Upgrades W.W. Grainger to Overweight, Raises Price Target to $1250
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Tommy Moll upgraded W.W. Grainger (GWW) from Equal-Weight to Overweight and increased the price target from $1000 to $1250.
April 29, 2024 | 11:27 am
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POSITIVE IMPACT
W.W. Grainger was upgraded by Stephens & Co. from Equal-Weight to Overweight with a price target boost from $1000 to $1250.
The upgrade from Equal-Weight to Overweight by a reputable analyst firm like Stephens & Co., accompanied by a significant increase in the price target, suggests a strong bullish outlook for W.W. Grainger. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100