UBS analyst Chris Snyder raised the firm’s price target on Grainger to $815 from $800 and keeps a Buy rating on the shares. The firm thinks equity should rerate on a higher level of market outgrowth which accelerates and adds durability to the revenue stream, the analyst tells investors in a research note.
Published first on TheFly
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- Grainger price target raised to $800 from $785 at Oppenheimer
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