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

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.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Piper Sandler Reiterates Overweight Rating on Estee Lauder (EL), 'F4Q26 Preview'
• UBS Reiterates Buy Rating on HF Sinclair (DINO)
• Freedom Broker Upgrades Serve Robotics (SERV) to Buy