UPDATE: Grainger (GWW) Misses Q2 EPS Expectations; Trims FY16 EPS Outlook Midpoint
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BMO Capital Cuts Price Target on Grainger (GWW) to $270 Following 2Q EPS Miss
July 20, 2016 10:21 AM EDTBMO Capital maintained an Outperform rating on WW Grainger (NYSE: GWW), and cut the price target to $270.00 (from $300.00), following the company's 2Q earnings report. GWW reported adjusted EPS of $2.89, 9% below expectations. Total and organic sales were in-line at +2% and -2%.
Analyst... More
UBS Remains Sidelined on Grainger (GWW) as U.S. and Canada Drive EPS Miss
July 20, 2016 10:05 AM EDTUBS maintained a Neutral rating on WW Grainger (NYSE: GWW), and cut the price target to $225.00 (from $235.00), following the company's 2Q earnings report. GWW reported an EPS of $2.98, missing the consensus of $3.17. The miss was driven mainly by U.S. and Canada at... More
