** J.P.Morgan raises industrial tools supplier WW Grainger's GWW.N price target citing higher 2026 sales expectation

** New PT at $1165 from $1100, representing a 1.5% downside on stock's last close

** On Feb 3, co forecast annual profit below estimates on slow industrial demand

** Brokerage says GWW's quarter was a miss at High Touch Solutions (HTS), but guidance was better than expected on sales

** Says it assumes FY26/27 sales to be up 5.5%/6.3% vs 4.1%/6.9% earlier, with the increase mainly driven by additional HTS price and increased sales at Japanese e-commerce platform MonotaRO

** In 2025, GWW's stock fell about 3.1%