Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Akanksha Bakshi

Analysts Bump Up MSC Industrial Direct Price Target Post Q2 Results

MSM
  • MSC Industrial Direct Co Inc (NYSE:MSM) price target has been raised to $93 from $88 by Loop Capital analyst Chris Dankert after the Q2 results.
  • The analyst maintained his Hold rating on the shares.
  • Related: MSC Industrial Direct Q2 Results Surpass Expectations, Clocks 11% Sales Growth
  • The analyst boosted his FY22 EPS view to $6.10 from $5.83, citing better March sales growth and growing price realization.
  • Meanwhile, Dankert indicated that concerns remain in the market that price-to-cost may falter for MSC Industrial as ISM/MBI readings continue to moderate.
  • Keybanc analyst raised the price target on MSC Industrial to $100 (an upside of 16.7%) from $91 while maintaining an Overweight rating on the shares.
  • Price Action: MSM shares traded lower by 0.26% at $85.65 on the last check Thursday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
95 Times Cats Made Their Owners Ask “What’s Wrong With My Cat” (New Pics)
We've collected some funny pics from the “What's Wrong With Your Cat” subreddit, showcasing kitties in full malfunction mode. The post 95 Times Cats Made Their Owners Ask “What’s Wrong With My Cat” (New Pics) first appeared on Bored Panda.
Bored Panda
Bored Panda
60 Mother’s Day Gifts That Drew Smiles And Chuckles (New Pics)
For all awesome moms out there, this list is for you. And if you're stumped on what to give her, here are some ideas to steal and make your own. The post 60 Mother’s Day Gifts That Drew Smiles And Chuckles (New Pics) first appeared on Bored Panda.
Bored Panda
Bored Panda
Founding MC5 drummer Dennis Thompson dead at 75
The news of Dennis Thompson's passing comes three months after the death of guitarist Wayne Kramer, and a month after MC5 manager John Sinclair passed away
Louder
Louder
Las Vegas Strip casino signs star headliner for longer residency
A popular headliner residency has extended its engagement by several more shows.
The Street
The Street
‘Inspiration’ for Baby Reindeer stalker character says she received death threats
Fiona Harvey, 58, denies stalking comedian Richard Gadd and calls Netflix show ‘hyperbole’
The Guardian - UK
The Guardian - UK
Historic space-baked cookie lands in the Smithsonian
It's been four years since it was made, but if you could smell it, you'd find it still retains the whiff of a DoubleTree Cookie. The first food item baked in space is now at the Smithsonian.
Space
Space
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play