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Graco price target raised to $100 from $97 at RBC Capital

Tipranks - Thu Jan 29, 9:20AM CST

RBC Capital analyst Deane Dray raised the firm’s price target on Graco (GGG) to $100 from $97 and keeps an Outperform rating on the shares. The company reported in-line Q4 and as-expected low-single-digit 2026 organic revenue guide, while its underlying earnings quality and free cash flow were solid, the analyst tells investors in a research note. Broader short-cycle industrial demand remains choppy but RBC liked seeing home center/Contractor inflecting positively after 1.5 years of declines, the firm added.

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