Oppenheimer raised the firm’s price target on Grainger (GWW) to $1,300 from $1,250 and keeps an Outperform rating on the shares. The firm notes the company posted about in-line sales/slight beat and EPS, with gross margin upside neutralized by higher SG&A.
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Read More on GWW:
- Grainger price target raised to $1,207 from $1,055 at RBC Capital
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