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Fly News Breaks for November 11, 2016
CDW
Nov 11, 2016 | 08:25 EDT
RBC Capital analyst Amit Daryanani says that CDW is "uniquely positioned" to benefit from initiatives likely to be undertaken by the Trump Administration. The analyst says that the corporate tax cut promised by Trump could boost CDW's EPS by about 35%, while possible accelerated GDP growth could boost IT spending and a corporate tax cut could increase demand by the company's core customers. The analyst keeps a $50 price target and an Outperform rating on the shares.
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