Stifel lowered the firm’s price target on CDW to $250 from $265 and keeps a Buy rating on the shares. The firm trimmed forward estimates on CDW following a Q1 sales and EPS miss due to weaker-than-expected demand, particularly for advanced solutions products, the analyst tells investors in a post-earnings note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CDW:
