Wesco price target raised to $235 from $220 at Loop Capital

Loop Capital analyst Chris Dankert raised the firm’s price target on Wesco (WCC) to $235 from $220 and keeps a Buy rating on the shares. The company posted a solid Q3 result and narrowed full year expectations, but the updated guide appears conservative since it excludes the pending impact of incremental pricing actions, the analyst tells investors in a research note. Loop adds however that it expects pricing gains and broader end demand recovery to support earnings above the midpoint of Wesco’s updated 2025 EPS guidance.