Wesco price target raised to $225 from $195 at Oppenheimer

Oppenheimer raised the firm’s price target on Wesco (WCC) to $225 from $195 and keeps an Outperform rating on the shares. The firm notes the company delivered Q2 sales upside with OP/EBITDA about in line with its estimates, and raised the revenue outlook, with increasing consistency and expanding breadth.