This morning, UBS increased its price target on shares of Grainger (NYSE:GWW) to $156 as the company should be able to increase margins going forward. With the higher price target, UBS raised its EPS estimates as well, but maintained its neutral rating.
Shares of Grainger were higher on the news, picking up 1.4% so far.
And Piper Jaffray raised its price target on shares of Johnson Controls (NYSE:JCI) to $51 as battery demand continues to surprise to the upside. With the higher price target, Piper reiterated its overweight rating.
Shares of JCI were climbing higher on Tuesday, up 1.1% today.
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