Baird lowered the firm’s price target on Grainger (GWW) to $1,150 from $1,200 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results and the year is playing out as expected.
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Read More on GWW:
- Grainger price target raised to $1,144 from $1,097 at RBC Capital
- Grainger names Melanie Tinto as Chief Human Resources Officer
- Grainger Reports Solid Q1 2025 Financial Results
- W.W. Grainger’s Earnings Call: Mixed Sentiments and Strategic Growth
- Grainger backs FY25 operating cash flow view $2.05B-$2.25B
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