Barclays Issues Positive Forecast for WESCO International (NYSE:WCC) Stock Price

Market Beat
2026.01.12 21:15
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Barclays has raised its price target for WESCO International (NYSE:WCC) from $274 to $302, maintaining an "overweight" rating. This suggests a potential upside of 10.37% from the stock's previous close. Other firms, including JPMorgan and Royal Bank of Canada, have also increased their price targets, with an average rating of "Moderate Buy". WESCO's recent quarterly earnings exceeded estimates, reporting $3.92 EPS and $6.20 billion in revenue, a 12.9% increase year-over-year. Insiders have sold shares recently, indicating some profit-taking.