KeyBanc Capital Markets upgraded its WESCO International WCC rating from Hold to Buy and established its WESCO International price target at $48 in a research report published today.
In the report, KeyBanc Capital Markets states, "We are upgrading WCC shares from HOLD to BUY as we are incrementally more confident in the Company's ability to execute on its strategic initiatives detailed in the Company's analyst day earlier this week."
Shares of WESCO International were trading at $38.34 at the time of posting, up 4.61% from Wednesday's market close.
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