BUZZ-CDW rises as Raymond James upgrades to 'strong buy' from 'outperform'

Reuters11-25
BUZZ-<a href="https://laohu8.com/S/BXE.SI">CDW</a> rises as Raymond James upgrades to 'strong buy' from 'outperform'

** IT solutions provider CDW's CDW.O shares rise 1.5% to $143.39

** Raymond James upgrades stock rating to "strong buy" from "outperform"

** "We view AI as a net tailwind for CDW’s SMB and mid-enterprise customers, who will depend on CDW’s expertise for integration and secure deployment of AI-enabled IT solutions" - Brokerage

** Average rating of 13 analysts is "buy," their median PT is $185 - data compiled by LSEG

** Up to last close, stock has fallen 18.5% this year

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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