Oppenheimer Raises W.W. Grainger to Outperform, Assigns $1,250 Target
Oppenheimer upgraded W.W. Grainger (GWW) from Perform to Outperform and set a $1,250 price target, basing the call on the company’s ability to outgrow US MRO markets via high-touch solutions, greater price realization and early benefits from artificial intelligence. The firm’s target equates to 25 times its 2027 earnings estimate of $50.00 per shar…