Wesco price target raised to $330 from $305 at Oppenheimer

Oppenheimer raised the firm’s price target on Wesco (WCC) to $330 from $305 and keeps an Outperform rating on the shares. The firm notes Q4 EPS was light on utility and broadband solutions shortfall, just partly offset by electrical and electronic solutions operating profit and operating margin upside, communications and security solutions about in-line. Oppenheimer expects CSS a higher-visibility contributor to guidance for expanding gross margin/EBITDA margins in 2026.