Morgan Stanley Initiates Coverage On W.W. Grainger with Equal-Weight Rating, Announces Price Target of $990
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on W.W. Grainger with an Equal-Weight rating and set a price target of $990.
September 06, 2024 | 1:51 pm
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NEUTRAL IMPACT
Morgan Stanley has initiated coverage on W.W. Grainger with an Equal-Weight rating and a price target of $990, indicating a neutral stance on the stock.
The initiation of coverage by Morgan Stanley with an Equal-Weight rating suggests a neutral outlook, which may not significantly impact the stock price in the short term. The price target of $990 provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100