Loop Capital Maintains Hold on W.W. Grainger, Lowers Price Target to $975
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Chris Dankert maintains a Hold rating on W.W. Grainger (GWW) and lowers the price target from $1000 to $975.
April 29, 2024 | 4:01 pm
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Loop Capital maintains a Hold rating on W.W. Grainger and reduces the price target from $1000 to $975.
The adjustment in price target by Loop Capital reflects a slight negative sentiment towards W.W. Grainger's short-term stock price potential, although the Hold rating indicates a neutral outlook overall. The reduction in price target might lead to short-term investor caution but is not indicative of a significant downturn.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100