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Fly News Breaks for August 22, 2019
WCC
Aug 22, 2019 | 09:22 EDT
As reported previously, Baird analyst David Manthey upgraded Wesco to Outperform from Neutral. The analyst cited its recent underperformance and current valuation. He sees the potential for a mid-cycle reacceleration or perhaps a recession but expects the shares to outperform versus the market in either scenario. Manthey has a $54 price target on Wesco shares.
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