RBC Capital Maintains Outperform on Graco, Lowers Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains an Outperform rating on Graco (NYSE:GGG) but lowers the price target from $96 to $93.
October 25, 2024 | 5:33 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Graco but lowers the price target from $96 to $93, indicating a slight decrease in expected valuation.
The Outperform rating suggests continued confidence in Graco's performance, but the lowered price target indicates a slight reduction in expected valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100