Economy

WESCO International's (WCC) Outperform Rating Reiterated at Wells Fargo & Company

04/19/2017 - WESCO International, Inc. was upgraded to " by analysts at Raymond James.

WESCO International, Inc. (NYSE:WCC) has declined -22.09% since January and is down -9.83% for the past week. Finally, Barclays PLC reaffirmed an equal weight rating and issued a $68.00 target price (up from $65.00) on shares of WESCO International in a research report on Wednesday, April 19th.

Ws Management Lllp decreased Kapstone Paper & Packaging C (NYSE:KS) stake by 21,800 shares to 753,080 valued at $16.61 million in 2016Q4. More interesting news about WESCO International, Inc.

Institutional investors now hold around $2.77 billion or 0% in WCC stock. (NYSE:WCC). Jpmorgan Chase And Co reported 693,428 shares stake. Boston Ptnrs owns 4.84M shares or 0.42% of their U.S. portfolio. Blackrock Advsrs Limited Liability Com reported 79,777 shares. New South Capital Mngmt reported 550,364 shares. Comerica Bank acquired a new stake in shares of WESCO International during the fourth quarter valued at $210,000. (NYSE:WCC). Canada Pension Plan Investment Board invested in 0.07% or 282,200 shares. Amalgamated Bank's holdings in WESCO International were worth $484,000 at the end of the most recent quarter. (NYSE:WCC) in a research report issued to clients and investors on Tuesday, July 11th. Davis Selected Advisers holds 0.06% or 202,932 shares in its portfolio. Finally, OppenheimerFunds Inc. raised its stake in shares of WESCO International by 14.3% in the first quarter. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.13 average brokerage recommendation. Equity analyst Wolfe Research released its first research report on the stock giving it an initial rating of "Outperform". The firm has "Market Perform" rating given on Friday, September 25 by BMO Capital Markets. The correct version of this piece can be read at https://transcriptdaily.com/2017/07/27/wesco-internationals-wcc-outperform-rating-reiterated-at-wells-fargo-company-updated.html. They set a "buy" rating and a $70.00 price objective on the stock.

11/21/2016 - WESCO International, Inc. was upgraded to " by analysts at Stephens. The stock has "Hold" rating by Oppenheimer on Thursday, July 27.

WESCO International, Inc.is a distributor of products and well-known provider of supply chain management and logistics services used in industrial, construction, utility and commercial, institutional and government markets. The stock has a market capitalization of $2.48 billion, a PE ratio of 24.18 and a beta of 1.79.

The maker of electrical and industrial maintenance supplies and construction materials posted revenue of $1.91 billion in the period, which matched Street forecasts. The Company's product categories include general supplies, wire, cable and conduit, communications and security, electrical distribution and controls, lighting and sustainability, and automation, controls and motors.

Since January 31, 2017, it had 1 insider buy, and 2 sales for $5.05 million activity.

05/02/2017 - WESCO International, Inc. was upgraded to " by analysts at Morgan Stanley.

In the transaction dated November 22, 2016, the great number of shares disposed came courtesy the SVP and General Counsel; Lazzaris Diane disposed a total of 5,028 shares at an average price of $64.65, amounting to approximately $325,060. Shares for $5.28 million were sold by ENGEL JOHN on Tuesday, January 31. Regal Advsr Llc reported 1.06% of its portfolio in WESCO International, Inc. Zurcher Kantonalbank (Zurich Cantonalbank) owns 1,544 shares. During the same period in the prior year, the firm earned $1.02 earnings per share.

On a per-share basis, the Pittsburgh-based company said it had profit of $1.02.

Among 39 analysts covering Micron Technology Inc. Therefore 82% are positive. Citigroup maintained it with "Neutral" rating and $82 target in Wednesday, July 27 report. UBS maintained Micron Technology, Inc. (NASDAQ:MU) on Thursday, December 1 with "Buy" rating. Standpoint Research maintained Micron Technology, Inc. The rating was initiated by Macquarie Research on Friday, August 26 with "Neutral". As per Friday, June 30, the company rating was maintained by Loop Capital Markets. The company was downgraded on Monday, December 5 by Susquehanna. Mizuho has "Buy" rating and $27 target. It is positive, as 27 investors sold WCC shares while 67 reduced holdings.

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