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Graco initiated with an Outperform at Wolfe Research

Wolfe Research analyst Nigel Coe initiated coverage of Graco (GGG) with an Outperform rating and $93 price target The firm views the company as a “quality compounder” that can see growth accelerate in 2025 and 2026. Graco’s capital allocation represents a “significant potential lever,” the analyst tells investors in a research note.

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