Your email has been successfully added to our mailing list.

×
0.000389463248831659 -0.00212434499362684 -0.00311570599065287 -0.00343435773969682 -0.00255983571732034 -0.00332814049001557 -0.00162866449511393 -0.00396544398810368
Stock impact report

CDW Price Target Reduced as Morgan Stanley Analyst Turns More Selective on IT Hardware Exposure [Yahoo! Finance]

CDW Corporation (CDW) 
Last cdw corporation earnings: 2/6 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cdw.com
Company Research Source: Yahoo! Finance
On December 17, Morgan Stanley cut its price target on CDW Corporation (NASDAQ:CDW) to $177 from $191. The firm kept its Overweight rating. In its year-ahead view on IT hardware, Morgan Stanley said it prefers companies tied to cloud spending, product refresh cycles like Apple, and businesses with more differentiated assets. It is steering away from names with heavy memory exposure, including Dell and HP. The analyst stated that the firm is becoming more cautious regarding memory-linked stocks overall. CDW Corporation's (NASDAQ:CDW) third-quarter results demonstrated why the company continues to stand out. The business generated $5.7 billion in net sales, up 4% from last year. Gross profit climbed 5% to $1.3 billion. That kind of steady growth tends to matter more in a mixed IT spending environment. Management pointed to strengths across several areas. Government and education customers benefited from CDW's deep experience in those markets. Small business was a bright spot, deliv Show less Read more
Impact Snapshot
Event Time:
CDW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CDW alerts
Opt-in for
CDW alerts

from News Quantified
Opt-in for
CDW alerts

from News Quantified