Goldman Sachs Starts CDW Corporation (CDW) at Buy

August 6, 2013 8:21 AM EDT Send to a Friend
Get Alerts CDW Hot Sheet
Price: $37.39 -0.95%

Rating Summary:
    8 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 17 | New: 15
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Goldman Sachs initiated coverage on CDW Corporation (NASDAQ: CDW) with a Buy rating and a price target of $27.00.

Analyst Bill Shope said, "Since being taken private in 2007, CDW has transformed from a seller of off-the-shelf technology products to a provider of customized and integrated solutions, positioning the company to capitalize on solutions oriented trends such as mobility, security, data center optimization, cloud computing, virtualization and collaboration. We believe this transformation positions CDW for continued share gains and continued growth at multiples of US IT spending while delivering on stable margins, providing greater stability relative to the companies in our coverage universe."

For an analyst ratings summary and ratings history on CDW Corporation click here. For more ratings news on CDW Corporation click here.

Shares of CDW Corporation closed at $22.79 yesterday.

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