B of A Securities Initiates Coverage On W.W. Grainger with Underperform Rating, Announces Price Target of $925
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has initiated coverage on W.W. Grainger with an Underperform rating and set a price target of $925.
October 07, 2024 | 11:16 am
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NEGATIVE IMPACT
B of A Securities has initiated coverage on W.W. Grainger with an Underperform rating and a price target of $925, suggesting potential downside.
The Underperform rating and price target of $925 from B of A Securities suggest that the stock may face downward pressure. This is significant as it indicates the analyst's expectation of underperformance relative to peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100