HD Supply Holdings (HDS) News 'isn't surprising' - JPMorgan

JPMorgan analyst Stephen Tusa Jr. reiterated an Overweight rating and {REMOVEPT} price target on HD Supply Holdings (NASDAQ: HDS)

• Says news of separation into two public companies is not surprising.
• Says there is no perfect comp for separated entities.
• " In the absence of other public comps...the simple math suggests some upside to fair value in the $40 range, but not a significant sum of the parts value play here."

For an analyst ratings summary and ratings history on HD Supply Holdings click here. For more ratings news on HD Supply Holdings click here.

Shares of HD Supply Holdings closed at $37.92 yesterday.

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