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Grainger upgraded to Outperform from Perform at Oppenheimer

Oppenheimer upgraded Grainger (GWW) to Outperform from Perform with a $1,250 price target The firm shuffled ratings in the industrials group. Grainger’s AI adoption will deliver compounding benefits over time, the analyst tells investors in a research note. Opco believes the company “utilized market turbulence” to scale.

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