Grainger (GWW) Tops Q3 EPS by 25c

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Go back to Grainger (GWW) Tops Q3 EPS by 25c

WW Grainger (GWW) PT Lowered to $355 at Oppenheimer; 'Sell-Offer Overdone'

October 17, 2018 6:43 AM EDT

Oppenheimer analyst Christopher Glynn lowered the price target on WW Grainger (NYSE: GWW) to $355.00 (from $410.00) while maintaining an Outperform rating following results and the subsequent sell-off. The analsyt sees the sell-off as overdone.

The analyst commented, "Shares sold off 12% on... More