MSC Industrial (MSM) PT Raised to $145 at KeyBanc

KeyBanc analyst Ken Newman raised the price target on MSC Industrial (NYSE: MSM) to $145.00 (from $132.00) while maintaining a Overweight rating.

The analyst commented: "Following MSM's F3Q26 results, we are raising our FY26 and FY27 estimates, introducing new FY28 estimates, and reiterating our OW rating. Additionally, we are raising our PT to $145 from $132 prior. We think MSM remains in the early innings of benefitting from both a cyclical rebound in organic volumes while simultaneously leveraging actions to streamline its cost structure. As a result, we view MSM as having one of the best "coiled springs" in our distrubution coverage, and see support for bull case EPS power of ~$8/share in FY28 should cycle conditions continue to ramp."

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