Raymond James raised the firm’s price target on Wesco (WCC) to $400 from $335 and keeps a Strong Buy rating on the shares. Wesco delivered a Q1 sales and EBITDA beat driven by strong datacenter demand, raised 2026 guidance that still appears conservative, and continues to show improving non-datacenter momentum alongside sustained exposure to AI-driven infrastructure tailwinds, the analyst tells investors in a research note.
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