MSC Industrial (MSM) Misses Q2 EPS by 2c, Offers Q3 Guidance

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Go back to MSC Industrial (MSM) Misses Q2 EPS by 2c, Offers Q3 Guidance

MSC Industrial (MSM) PT Lowered to $86 at BMO Capital

April 11, 2019 6:52 AM EDT

BMO Capital analyst R. Scott Graham lowered the price target on MSC Industrial (NYSE: MSM) to $86.00 (from $90.00) while maintaining a Market Perform rating following Q2 miss.

Lowering organic sales estimates: to +4% and +6% from +7% and +8% in F3Q19 and F4Q19, and to +6% and +4% from +7% and +5% in F20 and F21.... More