Erste Group Downgrades W.W. Grainger to Hold
Portfolio Pulse from Benzinga Newsdesk
Erste Group analyst Hans Engel has downgraded W.W. Grainger (NYSE:GWW) from Buy to Hold.
June 14, 2024 | 4:24 pm
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NEGATIVE IMPACT
Erste Group analyst Hans Engel has downgraded W.W. Grainger from Buy to Hold, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Hold by a reputable analyst suggests a less favorable view on W.W. Grainger's short-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100