Goldman Sachs Resumes Graco Inc. (GGG) at Sell

March 21, 2013 7:16 AM EDT
Get Alerts GGG Hot Sheet
Price: $81.85 -0.11%

Rating Summary:
    5 Buy, 11 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 18 | New: 20
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Goldman Sachs resumes coverage on Graco Inc. (NYSE: GGG) with a Sell rating and $54 price target.

"We believe the market is over-estimating both the magnitude and pace with which earnings will grow," the analyst said. FY13/FY14 EPS estimates are -3%/-3% versus the consensus.

For an analyst ratings summary and ratings history on Graco Inc. click here. For more ratings news on Graco Inc. click here.

Shares of Graco Inc. closed at $59.06 yesterday.


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