Wesco price target raised to $307 from $298 at Wolfe Research

Wolfe Research raised the firm’s price target on Wesco (WCC) to $307 from $298 and keeps an Outperform rating on the shares as part of a 2026 outlook for the multi-industry group. The firm says that while 2025 has been a “tough slog” for the sector, it is reasonable to expect a “modest broadening-out of growth” in 2026, given revenue momentum in the second half of 2025 and support from interest rate cuts. For the third year, Wolfe supports short cycle rotation, the analyst tells investors in a research note.