CDW (CDW) Tops Q2 EPS by 11c

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Raymond James Raises Price Target on CDW (CDW) Following 2Q EPS Beat

August 4, 2015 9:43 AM EDT

Raymond James reiterated an Outperform rating on CDW Corporation (NASDAQ: CDW) and raised the price target to $44.00 (from $42.00), following 2Q15 results. Revenue of $3.3 billion came in ahead of consensus' $3.24 billion. Non-GAAP EPS was reported at $0.80 beat $0.70 consensus.

Analyst Brian Alexander commented, "We maintain our Outperform rating and... More