MSC Industrial Direct (MSM) Tops Q4 EPS by 1c

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Deutsche Bank Downgrades MSC Industrial (MSM) to Sell

October 29, 2014 7:54 AM EDT

Deutsche Bank downgraded MSC Industrial (NYSE: MSM) from Hold to Sell with a price target of $73.00 (from $92.00).

Analyst John G. Inch said, "We are downgrading MSM to Sell from Hold. We are cutting our FY15 EPS forecast estimates from $4.50 to $4.20 while our FY16 EPS... More