From Yahoo Finance: 2025-05-27 13:58:00

JPMorgan analyst Patrick Baumann upgraded MSC Industrial Direct Co., Inc. (NYSE: MSM) to Overweight from Neutral and raised the price target from $73 to $89 on May 27. The upgrade reflects a tariff-driven U.S. distributor price advantage in the industry. MSC Industrial is a leading distributor of metalworking and maintenance, repair, and operations (MRO) products, offering a variety of tools, fasteners, safety supplies, and raw materials. Baumann sees the company as a “turnaround story” despite challenges in growth, with potential benefits from tariff-driven prices and stability in short-cycle industrial end markets. AI stocks may offer greater promise for higher returns.



Read more at Yahoo Finance: JPMorgan Upgrades MSC Industrial (MSC) to Overweight, Lifts PT