UBS Reiterates a 'Buy' on WW Grainger (GWW); Trimming on Weaker Macro Data

July 6, 2012 1:07 PM EDT
Get Alerts GWW Hot Sheet
Price: $246.47 +0.94%

Rating Summary:
    7 Buy, 14 Hold, 4 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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UBS reiterates a 'Buy' on WW Grainger (NYSE: GWW) price target of $225.00.

Analyst, Robert Barry, is trimming numbers on GWW, citing weaker marco data. On June 8, 2012, Barry upgraded shares of GWW from Neutral to Buy, saying the recent underperformance offeres a compelling valuation. He thinks GWW's strong growth trajectory will stay intact if Amazon (Nasdaq: AMZN) gets more aggressive in industrial distribution.

Shares are trading down about 2% to $188.12

For an analyst ratings summary and ratings history on WW Grainger click here. For more ratings news on WW Grainger click here.

Shares of WW Grainger closed at $191.87 yesterday.

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