Baird Upgrades W.W. Grainger to Outperform, Raises Price Target to $1230
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Manthey has upgraded W.W. Grainger (NYSE:GWW) from Neutral to Outperform and increased the price target from $975 to $1230.
October 16, 2024 | 10:08 am
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POSITIVE IMPACT
Baird analyst David Manthey upgraded W.W. Grainger from Neutral to Outperform, raising the price target from $975 to $1230, indicating a positive outlook.
The upgrade from Neutral to Outperform by a reputable analyst and a significant increase in the price target suggest a strong positive sentiment towards W.W. Grainger's stock. This is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100