UBS Cuts Price Target to $210 on Grainger (GWW) Following 3c EPS Miss

Go back to UBS Cuts Price Target to $210 on Grainger (GWW) Following 3c EPS Miss

Morgan Stanley Downgrades WW Grainger (GWW) to Equalweight

October 20, 2015 7:01 AM EDT

Morgan Stanley downgraded WW Grainger (NYSE: GWW) from Overweight to Equalweight with a price target of $218.00 (from $236.00).

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 $201.96 yesterday.

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Stephens Downgrades WW Grainger (GWW) to Equal Weight

October 19, 2015 7:50 AM EDT

Stephens downgraded WW Grainger (NYSE: GWW) from Overweight to Equal Weight.

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 $207.65 yesterday.

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Grainger (GWW) Misses Q3 EPS by 3c; Cuts FY15 EPS Outlook

October 16, 2015 7:31 AM EDT

Grainger (NYSE: GWW) reported Q3 EPS of $3.03, $0.03 worse than the analyst estimate of $3.06. Revenue for the quarter came in at $2.53 billion versus the consensus estimate of $2.56 billion.

Grainger sees FY2015 EPS of $11.60-$11.80, versus prior guidance of $12.00-$12.50 and the consensus of $12.07.

For... More

Wall St. closes up, registers third week of gains

October 16, 2015 7:26 AM EDT

By Caroline Valetkevitch

(Reuters) - U.S. stocks ended higher on Friday, notching a third week of gains, lifted by a jump in General Electric shares and upbeat consumer sentiment data.

The S&P 500's three weeks of gains marked its longest winning streak since May and extended a rebound from the market's August selloff.

GE (NYSE: GE) shares rose 3.4 percent to $29.98, hitting their highest level in seven years, after the company reported better-than-expected earnings. The stock was among the biggest boosts to the S&P 500 and Dow.

Mattel (NASDAQ:... More

Trading Radar for 10/16: GE (GE), Comerica (CMA), Honeywell (HON), SunTrust (STI), Progressive (PGR) Report

October 15, 2015 2:34 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
9:15am EDT

Industrial Production - Street sees (0.2%)Capacity Utilization - Street sees 77.4%

Earnings:

Acme United (Nasdaq:... More