Grainger price target raised to $1,337 from $1,170 at RBC Capital

RBC Capital raised the firm’s price target on Grainger (GWW) to $1,337 from $1,170 and keeps a Sector Perform rating on the shares. The company posted a surprisingly strong Q1 operating beat and boosted its FY26 guidance 4% above consensus as short-cycle industrial MRO demand encouragingly upticked to 12% daily-organic sales, the analyst tells investors in a research note.