JPMorgan analyst Patrick Baumann raised the firm’s price target on Grainger (GWW) to $1,125 from $1,100 and keeps a Neutral rating on the shares. The firm updated December 2025 U.S. distributor price targets to reflect an increased group multiple. Despite expected higher pricing in second half of 2025, most distributors did not include much in their outlooks, the analyst tells investors in a research note.
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