RBC Capital analyst Deane Dray raised the firm’s price target on Graco (GGG) to $100 from $97 and keeps an Outperform rating on the shares. The company reported in-line Q4 and as-expected low-single-digit 2026 organic revenue guide, while its underlying earnings quality and free cash flow were solid, the analyst tells investors in a research note. Broader short-cycle industrial demand remains choppy but RBC liked seeing home center/Contractor inflecting positively after 1.5 years of declines, the firm added.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GGG:
- Graco price target raised to $96 from $88 at Baird
- Graco Inc Earnings Call: Record Results, Cautious Outlook
- Closing Bell Movers: Heath insurers slide on lower CMS rate increase plan
- Graco reports Q4 adjusted EPS 77c, consensus 76c
- Graco sees FY26 organic sales growth low single-digits in constant currency
