Longbow analyst Chris Dankert upgraded Wesco (WCC) to Buy from Neutral with a $70 price target. The analyst believes the battle to acquire Anixter (AXE) between Wesco and Clayton, Dubilier & Rice will ultimately serve as a positive catalyst for Wesco shares. Should Wesco succeed in acquiring Anixter, operational synergies would drive "substantial" earnings accretion while also easing its competitive pricing pressure, Dankert tells investors in a research note. Further, if Wesco does not succeed in acquiring Anixter, which is the more likely scenario, private equity has established an "appetite for distributors" which supports a takeout of Wesco, adds the analyst.