UBS analyst Chris Snyder lowered the firm’s price target on Grainger to $750 from $820 and keeps a Neutral rating on the shares.
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Read More on GWW:
- Grainger price target raised to $653 from $647 at Morgan Stanley
- Grainger price target lowered to $790 from $795 at Baird
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- Grainger plans to open new 500,000 sf distribution center in Oregon in 2025
- Grainger raises FY23 EPS view to $35.00-$36.75 from $34.25-$36.75
