BUZZ-J.P.Morgan raises WW Grainger's PT on higher 2026 sales expectation** J.P.Morgan raises industrial tools supplier WW Grainger's GWW.N price target citing higher 2026 sales expectation
** New PT at $1165 from $1100, representing a 1.5% downside on stock's last close
** On Feb 3, co forecast annual profit below estimates on slow industrial demand
** Brokerage says GWW's quarter was a miss at High Touch Solutions (HTS), but guidance was better than expected on sales
** Says it assumes FY26/27 sales to be up 5.5%/6.3% vs 4.1%/6.9% earlier, with the increase mainly driven by additional HTS price and increased sales at Japanese e-commerce platform MonotaRO
** In 2025, GWW's stock fell about 3.1%
(Reporting by Parth Chandna)
((Parth.Chandna@thomsonreuters.com;))
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