Graco Reports Third Quarter Results

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Graco Inc. (GGG) PT Raised to $77 at Goldman Sachs Following Earnings

October 21, 2021 5:16 PM EDT

Goldman Sachs analyst Joe Ritchie raised the price target on Graco Inc. (NYSE: GGG) to $77.00 (from $75.00) while maintaining a Neutral rating following earnings.

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Graco (GGG) Misses Q3 EPS by 7c

October 20, 2021 4:16 PM EDT

Graco (NYSE: GGG) reported Q3 EPS of $0.57, $0.07 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $486.7 million versus the consensus estimate of $493.48 million.

Outlook:

"The Company continues to target mid to high teen organic sales... More