Information Provided By: 
Fly News Breaks for March 15, 2018
HDS
Mar 15, 2018 | 07:27 EDT
As reported earlier, SunTrust analyst Keith Hughes upgraded HD Supply to Buy from Hold while also raising his price target to $48 from $42. Hughes says the current valuation on the stock is too low at 10.7-times enterprise value to EBITDA, with his new price target taking that valuation to the upper middle of the distribution group range. The analyst justifies higher multiple based on his segment sum-of-the-parts analysis of Facilities Maintenance and Commercial/Industrial units, speculating that a spinoff to realize value could occur.
News For HDS From the Last 2 Days
There are no results for your query HDS
