Evercore ISI analyst Amit Daryanani maintained a Buy rating on CDW (NASDAQ:CDW) on Friday, setting a price target of $250, which is approximately 31.53% above the present share price of $190.07.
Daryanani expects CDW to post earnings per share (EPS) of $1.94 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in CDW, with an average price target of $212.
The analysts price targets range from a high of $250 to a low of $200.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $5.3 billion and a net profit of $386.4 million. The company's market cap is $25.8 billion.
According to TipRanks.com, Evercore ISI analyst Amit Daryanani is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.3% and a 67.30% success rate.
CDW Corp. engages in the provision of information technology solutions including mobility, security, data center optimization, cloud computing, virtualization and collaboration. It operates through the following segments: Corporate, Small Business, and Public. The Corporate segment serves the private sector business customers. The Small Business segment also caters to the private sector businesses but with smaller number of employees. The Public segment involves government agencies, education, and healthcare institutions. The company was founded in 1984 by Michael P. Krasny and is headquartered in Lincolnshire, IL.