WW Grainger (GWW) Receives a Sell from Barclays
π Barclays analyst Guy Hardwick maintains a Sell rating on WW Grainger (GWW) with a price target of $1,171.00.
π° The company reported quarterly revenue of $4.74 billion and net profit of $555 million for the quarter ending March 31.
π This represents year-over-year growth from previous figures of $4.31 billion revenue and $479 million net profit.
π€ Despite the sell rating, the analyst consensus remains Moderate Buy with an average price target of $1,252.71.
π‘ Other banks including Stephens, RBC Capital, Baird, and Oppenheimer have raised their price targets recently.
π The discrepancy between Barclays' downgrade and other analysts suggests differing views on future growth potential.