The latest development in
CDW Corporation (CDW) include numerous investments, shares acquisitions and disposals by major institutions. Prominently,
Aviva PLC purchased 75,269 shares of CDW Co. while Zuckerman Investment Group LLC and Neuberger Berman Group LLC trimmed their holdings. Various institutions like
Invesco Ltd., Bessemer Group Inc., and Bank of Nova Scotia have also increased their stock positions. Additionally, CDW Corp. rolled out
Microsoft 365 Copilot to 10,000 employees, noting an 85% productivity gain. They also announced the acquisition of leading US-based
Amazon Web Services (AWS) partner, Mission Cloud Services Inc. The company's stock has seen some fluctuations, with a dip of 21% noted over three months however, the corporation recently authorized a $750 million share repurchase program.
Morgan Stanley recently upgraded CDW Corporation to Overweight, adjusting the price target to $171 from $201. Despite some mixed performance results, including Q3 earnings that fell year over year, reports show promising Q4 earnings surpassing estimates. In anticipation of growth and overcoming challenges, the company plans to participate in the Morgan Stanley Technology, Media, & Telecom Conference.
Cdw Corporation CDW News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Sat, 12 Apr 2025 23:54:30 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -5
