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Fly News Breaks for September 18, 2017
CDW
Sep 18, 2017 | 07:59 EDT
Needham analyst Sean Hannan resumed coverage of CDW with a $71 price target and a Buy rating. The analyst says that "the company's strong leadership, broad product offering, engaging go-to-market model and scale should continue to drive growth in the consolidating distribution and value-added reseller market." He says that the company is gaining share and "possesses the strongest corporate profile of our Distributor/VAR names under coverage." Hannan calls it "a core IT holding."
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