Form 4 WESCO INTERNATIONAL INC For: Feb 08 Filed by: Squires Nelson John III

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Go back to Form 4 WESCO INTERNATIONAL INC For: Feb 08 Filed by: Squires Nelson John III

RBC Capital Downgrades WESCO International (WCC) to Sector Perform

February 13, 2024 9:48 AM EST

RBC Capital analyst Deane Dray downgraded WESCO International (NYSE: WCC) from Outperform to Sector Perform with a price target of $173.00 (from $202.00).

The analyst comments "We are downgrading electrical distributor WESCO from Outperform to Sector Perform on (1) unsettling/broad-based $1.05/16% 4Q23 operating miss with just 39% FCF... More