Grainger downgraded to Neutral from Buy at UBS UBS downgraded Grainger following its disappointing November analyst day citing faltering growth initiatives, increased investment, and macro dependent share drivers. Price target lowered to $202 from $231.
News For GWW From The Last 14 Days
Check below for free stories on GWW the last two weeks.
Grainger reports April daily sales up 8% Grainger reported sales results for the month of April. Daily sales increased 8% versus April 2012, and included 3 percentage points from volume, 2 percentage points from price, 2 percentage points from acquisitions and 2 percentage points from the timing of the Easter holiday, partially offset by a 1 percentage point decline from foreign exchange.