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Fly News Breaks for October 23, 2015
WCC
Oct 23, 2015 | 07:19 EDT
After WESCO reported higher than expected EPS, Oppenheimer believes that the stock's 10% advance yesterday was not material, given what the firm sees as the company's defensive nature, its conservative Q4 guidance, and its "highly accretive" share repurchases. The firm keeps a $60 price target and Outperform rating on the shares.
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