Wolfe Research analyst Ryan Cooke downgraded MSC Industrial (MSM) to Peer Perform from Outperform without a price target The firm is “incrementally cautious” on the near-term outlook for U.S. short cycle demand and lowered if fiscal 2026 estimates for MSC below the consensus. Wolfe now views the stock’s risk/reward as balanced.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSM: