Grainger (GWW) Provides Guidance

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Oppenheimer Upgrades WW Grainger (GWW) to Outperform

November 16, 2012 8:26 AM EST

Oppenheimer upgraded WW Grainger (NYSE: GWW) from Perform to Outperform with a price target of $220.00 (from $225.00).

The firm cited, "(1) long-term US and global market share runway and solid margin drivers, (2) our expectation of defensive financial characteristics, given risky macro (while retaining strong cyclical... More