Analysts Conflicted on These Industrial Goods Names: MSC Industrial (MSM), Graco (GGG) and Westinghouse Air Brake Technologies (WAB)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on MSC Industrial (MSM – Research Report), Graco (GGG – Research Report) and Westinghouse Air Brake Technologies (WAB – Research Report).

MSC Industrial (MSM)

In a report released today, Kenneth Newman from KeyBanc maintained a Buy rating on MSC Industrial, with a price target of $105.00. The company’s shares closed last Wednesday at $92.51.

According to TipRanks.com, Newman is a 4-star analyst with an average return of 10.6% and a 60.5% success rate. Newman covers the Industrial Goods sector, focusing on stocks such as Distribution Solutions Group, Emerson Electric Company, and Wesco International.

MSC Industrial has an analyst consensus of Moderate Buy, with a price target consensus of $109.67.

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Graco (GGG)

KeyBanc analyst Jeffrey Hammond maintained a Hold rating on Graco today. The company’s shares closed last Wednesday at $69.80.

According to TipRanks.com, Hammond is a 5-star analyst with an average return of 8.6% and a 52.2% success rate. Hammond covers the Industrial Goods sector, focusing on stocks such as Janus International Group, Advanced Drainage Systems, and A. O. Smith Corporation.

Currently, the analyst consensus on Graco is a Hold with an average price target of $83.33, representing a 18.8% upside. In a report released yesterday, Oppenheimer also maintained a Hold rating on the stock.

Westinghouse Air Brake Technologies (WAB)

In a report released today, Steve Barger from KeyBanc maintained a Buy rating on Westinghouse Air Brake Technologies, with a price target of $133.00. The company’s shares closed last Wednesday at $104.06.

According to TipRanks.com, Barger is a 5-star analyst with an average return of 16.2% and a 60.0% success rate. Barger covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Trinity Industries, and Park-Ohio Holdings.

Currently, the analyst consensus on Westinghouse Air Brake Technologies is a Moderate Buy with an average price target of $130.50, which is a 27.3% upside from current levels. In a report issued on October 17, Wells Fargo also maintained a Buy rating on the stock with a $135.00 price target.

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Read More on MSM:

• MSC INDUSTRIAL SUPPLY CO. REPORTS FISCAL 2023 FOURTH QUARTER AND FULL YEAR RESULTS
• MSM Upcoming Earnings Report: What to Expect?
• MSC INDUSTRIAL SUPPLY CO. DECLARES 5% INCREASE IN REGULAR QUARTERLY DIVIDEND
• MSC Industrial increases regular quarterly dividend 5% to 83c per share
• Loop upgrades MSC Industrial to Buy after positive distribution checks