MSC Industrial Direct (MSM) Shares Soar 6.52% on JPMorgan Upgrade

Generated by AI AgentAinvest Movers Radar
Tuesday, May 27, 2025 6:30 pm ET1min read

MSC Industrial Direct (MSM) shares surged 6.52% today, reaching their highest level since March 2025 with an intraday gain of 6.69%.

The strategy of buying shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The MSM stock experienced a 28% increase over 5 years, which is slightly below the market return. However, the stock showed a promising rebound of 5.6% following the tariff-related positive news, indicating potential for growth in this period.

On May 27, 2025, MSC Industrial Direct's stock price received a significant boost from a recent upgrade by

. Analyst Patrick Baumann upgraded the company's stock rating from Neutral to Overweight and increased the price target from $73 to $89. This upgrade was driven by MSC Industrial's stable performance in short cycle industrial markets and the success of its productivity initiatives. The company is also viewed favorably due to its attractive valuation on free cash flow and a 4% dividend yield.


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