WESCO Stock Surges on RBC Upgrade
Update: 2025-11-19
Description
WESCOs stock surged after RBC Capital upgraded it from Sector Perform to Outperform, setting a new price target of $302. This positive outlook was driven by WESCOs strong growth, particularly in its data center business and improved power utility segment. Despite a slight settlement following the initial surge, the stock remains near its fifty-two-week high and has seen a significant increase since the beginning of the year. Investors who bought $1000 worth of WESCO stock five years ago would now have over $4000, highlighting the companys long-term growth potential.
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