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2026-10-23 17:07:14 - Translate -

MSC Industrial (MSM) wins two upgrades to $135 targets after a 15% drop on its quarter
Jefferies and Stephens both lifted MSC Industrial Direct Co., Inc. a notch after its fiscal fourth quarter report, one citing faster volume growth and the other a share price below its bear case level. $135. Jefferies and Stephens landed on the same new price target for MSC Industrial Direct Co., Inc. (MSM) as each raised its rating one notch a day after the distributor's fiscal fourth quarter...

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2026-10-23 19:07:08 - Translate -

Worthington Steel (WS) loses a Kloeckner vote on a control agreement but keeps its 62% stake
Kloeckner shareholders withheld the approval a domination and profit transfer agreement needed, so Worthington Steel, Inc. (WS) must run its majority-owned German distributor under the current governance setup. Consolidation and financing stay unchanged. Worthington Steel, Inc. (WS) failed to win approval for a domination and profit and loss transfer agreement with Kloeckner & Co SE. The...

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