Anixter International Inc. Reports Third Quarter 2016 Results

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Imperial Capital Upgrades Anixter International (AXE) to Outperform

October 27, 2016 6:14 AM EDT

Imperial Capital upgraded Anixter International (NYSE: AXE) from In-Line to Outperform with a price target of $72.00 (from $64.00).

Analyst Jeff Kessler commented, "Our price target is about 11% above the recent share price. We believe that the company is moving past the initial integration challenges, and... More