Wesco price target raised to $300 from $258 at KeyBanc

KeyBanc raised the firm’s price target on Wesco (WCC) to $300 from $258 and keeps an Overweight rating on the shares. Following the company’s Q3 results, the firm is raising estimates. After posting a solid Q3 beat and raise, Wesco noted it expects its midterm annual growth and margin targets as the likely starting points for any outlook it plans to provide in February.