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JPMorgan Upgrades MSC Industrial (MSC) to Overweight, Lifts PT

JPMorgan Upgrades MSC Industrial (MSC) to Overweight, Lifts PT

Yahoo5 days ago

On May 27, JPMorgan analyst Patrick Baumann upgraded MSC Industrial Direct Co., Inc. (NYSE:MSM) to Overweight from Neutral and also raised the price target from $73 to $89. The upgraded outlook reflects tariff driven U.S. distributor price advantage in the industry.
A machine shop filled with high-precision tools and components representing the quality of the company's metalworking products.
MSC Industrial Direct Co., Inc. (NYSE:MSM) is a leading distributor of metalworking and maintenance, repair, and operations (MRO) products. It offers a wide range of tools, fasteners, safety supplies, and raw materials through its e-commerce platform, warehouses, and inventory management solutions.
Patrick Baumann noted the company appears to be a 'turnaround story', where growth has been a challenge. This is also reflected by the company's average 2.48% sales growth over the past 5 years. However, the analyst sees the overall industry and MSC Industrial Direct Co., Inc. (NYSE:MSM) benefitting from tariff-driven prices and stability in short-cycle industrial end markets. These factors, combined with MSC's progress in solution-based sales, such as vending and inventory management, and productivity initiatives, underpin the positive outlook.
While we acknowledge the potential of MSM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSM and that has 100x upside potential, check out our report about the .
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