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MSC Industrial price target raised to $84 from $74 at Loop Capital

Loop Capital analyst Chris Dankert raised the firm’s price target on MSC Industrial (MSM) to $84 from $74 and keeps a Hold rating on the shares. The company’s earnings edged ahead of the firm’s Street-high forecast and exceeded consensus by about 5%, aided by favorable price/cost and incremental improvement in the core manufacturing vertical, the analyst tells investors in a research note. An increasingly inflationary backdrop and the potential for market share capture supports EPS growth into FY26, though elevated valuation vs. history and peers presents a “governor on upside” to the shares near term, Loop added.

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