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Fly News Breaks for July 16, 2015
HDS
Jul 16, 2015 | 09:07 EDT
Baird said HD Supply (HDS) remains a top idea as they believe its announced sale of its Power Solutions business to Anixter (AXE) is a net positive that improves the cohesiveness and enhances the margins of its portfolio, reduces cyclicality and provides capital structure flexibility. Baird reiterated its Outperform rating and $40 price target on HD Supply shares.
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