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Raymond James downgraded CDW (NASDAQ:CDW) from Mkt Perform to Underperform in a report released today.

Yesterday CDW (NASDAQ:CDW) traded -1.53% lower at $68.95. The company’s 50-day moving average is $64.11 and its 200-day moving average is $61.58. The last closing price is up 10.26% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 259,734 shares of CDW exchanged hands, down from an avg. volume of 716,188

Raymond James has downgraded CDW (NASDAQ:CDW) from Mkt Perform to Underperform in a report released on Friday October 13, 2017.

Previously on 7/24/2017, Barclays reported on CDW (NASDAQ:CDW) increased the target price from $0.00 to $64.00. At the time, this indicated a possible upside of 0.01%.

Performance Chart

CDW (NASDAQ:CDW)

With a total market value of $0, CDW has price-earnings ratio of 25.78 with a one year low of $43.64 and a one year high of $71.53 .

A total of 11 equity analysts have released a ratings update on CDW. Three equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $44.36.

Brief Synopsis About CDW (NASDAQ:CDW)

CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States, Canada and the United Kingdom. The Company's segments include Corporate, Public and Other. The Corporate segment consists of private sector business customers in the United States based on employee size between Medium/Large customers, which primarily includes organizations with more than 100 employees, and Small Business customers, which primarily includes organizations with up to 100 employees. Its Public segment comprises government agencies and education and healthcare institutions in the United States. Its Other segment includes Canada and CDW UK. The CDW Advanced Services business consists primarily of customized engineering services delivered by technology specialists and engineers, and managed services that include Infrastructure as a Service (IaaS) offerings. The Company has centralized logistics and headquarters functions that provide services to the segments.

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