Forecasting The Future: 5 Analyst Projections For MSC Industrial Direct Co
Portfolio Pulse from Benzinga Insights
Over the past three months, analysts have provided mixed evaluations for MSC Industrial Direct Co (NYSE:MSM), with a range of ratings from somewhat bullish to indifferent. The average 12-month price target has decreased by 9.75% to $89.8. Key analysts have adjusted their ratings and price targets, reflecting evolving market conditions and company performance.
July 03, 2024 | 3:01 pm
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Analysts have mixed views on MSC Industrial Direct Co (NYSE:MSM) with a range of ratings from somewhat bullish to indifferent. The average 12-month price target has decreased by 9.75% to $89.8, indicating a more cautious outlook.
The mixed analyst ratings and the decrease in the average 12-month price target suggest a cautious outlook for MSC Industrial Direct Co. While some analysts maintain a neutral stance, the overall sentiment appears to be more reserved, reflecting potential challenges in revenue growth and profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100