Graco (GGG) Misses Q3 EPS by 5c

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Go back to Graco (GGG) Misses Q3 EPS by 5c

Goldman Sachs Reiterates Neutral Rating on Graco Inc. (GGG)

October 25, 2024 5:42 AM EDT

Goldman Sachs analyst Joe Ritchie reiterated a Neutral rating and $83.00 price target on Graco Inc. (NYSE: GGG).

The analyst comments "Bottom line: Market softness persists, lowering estimates. GGG reported sales/segment EBIT of $519mn/$156mn, which was -4%/-10% vs FactSet (FS) consensus expectations due to a large miss in both Contractor/Process (Segment... More