MSC Industrial (MSM) Reports In-Line Q3 EPS, Offers Q4 Guidance

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MSC Industrial (MSM) PT Lowered to $78 at Stifel on 3Q Report; 'Concerns Around Gross Margins & Questions Around Pricing'

July 13, 2017 2:30 PM EDT

Stifel lowered its price target on MSC Industrial (NYSE: MSM) to $78.00 (from $88.00) while maintaining a Hold rating, following the company's third quarter earnings announcement.

Analyst Robert McCarthy notes the company delivered third quarter earnings per share and revenues in-line with the Street's... More

MSC Industrial (MSM) PT Lowered to $85 at Baird Following 3Q Results

July 13, 2017 9:14 AM EDT

Baird lowered its price target on MSC Industrial (NYSE: MSM) to $85.00 (from $92.00) while maintaining a Neutral rating following the company's 3Q earnings report. EPS of $1.09 was in line with consensus, as expense controls more than offset lower gross margin, while sales were also... More

MSC Industrial (MSM) PT Lowered to $93 at Credit Suisse on 3Q Report, 4Q Guide; 'Weak Gross Margin Guide Ignites Typical Concerns... Buy the Fear'

July 13, 2017 9:01 AM EDT

Credit Suisse lowered its price target on MSC Industrial (NYSE: MSM) to $93.00 (from $100.00) while maintaining a Outperform rating, following the company's third quarter earnings announcement.

Analyst Andrew Buscagilia notes the company delivered third quarter earnings per share in-line with estimates, while gross... More