MSC Industrial price target lowered to $89 from $92 at RW Baird

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MSM82.61-0.10

Baird lowered its price target on MSC Industrial following Q4 results citing a leveling of growth which will lead to negative operating leverage. The firm recommends adding to positions throughout the summer choppiness on expectations of stabilizing trends later in the year. Shares remain Outperform rated.

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