Graco price target raised to $85 from $79 at DA Davidson

DA Davidson analyst Matt Summerville raised the firm’s price target on Graco (GGG) to $85 from $79 and keeps a Neutral rating on the shares. The company’s earnings missed and its end markets are “mixed”, but Graco saw core growth rise 1%-2% in 2025, reflecting healthy growth in its newly created Expansion Markets segment and favorable price capture, tempered somewhat by mixed demand within its re-segmented Industrial business and within Contractor, the analyst tells investors in a research note. Well-seasoned leadership, strong overall execution, and healthy free cash flow generation remain important hallmarks for Graco, the firm added.