CDW Corporation upgraded to "outperform" - update

08/13/03 - Robert W. Baird

NEW YORK, August 13 (New Ratings) — Analysts at Robert W Baird upgrade CDW Corporation (CDWC) from "neutral" to "outperform." The target price has been raised from $55 to $60.

In a research note published this morning, the analysts mention that CDW Corporation has reported a continued momentum in its July sales results. Robert W Baird expects a potential upturn in the company’s Federal Government market segment to further boost its sales and earnings in the next few quarters.