Anixter Int'l (AXE) Tops Q2 EPS by 7c

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Imperial Capital Raises Price Target on Anixter Int'l (AXE) to $64 Following In-Line 2Q

July 27, 2016 8:08 AM EDT

Imperial Capital reiterated an In-Line rating on Anixter International (NYSE: AXE), and raised the price target to $64.00 (from $60.00), following 2Q report. Anixter reported 2Q16 revenue of $1.96bn, consistent with Street estimates. Adjusted EPS of $1.32 was also consistent with consensus.

Analyst Jeff Kessler... More