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CDW (CDW): New Buy Recommendation for This Technology Giant
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CDW (CDW): New Buy Recommendation for This Technology Giant

Stifel Nicolaus analyst Matthew Sheerin maintained a Buy rating on CDW (CDWResearch Report) today and set a price target of $250.00. The company’s shares closed yesterday at $214.61.

According to TipRanks, Sheerin is a 5-star analyst with an average return of 15.2% and a 68.95% success rate. Sheerin covers the Technology sector, focusing on stocks such as Eplus, Sensata, and Vishay Intertechnology.

In addition to Stifel Nicolaus, CDW also received a Buy from Citi’s Asiya Merchant in a report issued yesterday. However, today, Barclays maintained a Hold rating on CDW (NASDAQ: CDW).

CDW market cap is currently $28.8B and has a P/E ratio of 26.76.

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CDW (CDW) Company Description:

CDW Corp. engages in the provision of information technology solutions including mobility, security, data center optimization, cloud computing, virtualization and collaboration. It operates through the following segments: Corporate, Small Business, and Public. The Corporate segment serves the private sector business customers. The Small Business segment also caters to the private sector businesses but with smaller number of employees. The Public segment involves government agencies, education, and healthcare institutions. The company was founded in 1984 by Michael P. Krasny and is headquartered in Lincolnshire, IL.

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