W.W. Grainger shares are trading higher after Baird upgraded the stock from Neutral to Outperform and raised its price target from $975 to $1,230.
Portfolio Pulse from Benzinga Newsdesk
W.W. Grainger's stock received an upgrade from Baird, moving from Neutral to Outperform, with a price target increase from $975 to $1,230, leading to a rise in its share price.
October 16, 2024 | 3:42 pm
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POSITIVE IMPACT
W.W. Grainger's stock was upgraded by Baird from Neutral to Outperform, with a new price target of $1,230, causing its shares to trade higher.
The upgrade from Baird and the significant increase in the price target are strong positive signals for investors, likely leading to increased buying interest and a rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100