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Barclays analyst Guy Hardwick maintains CDW (NASDAQ:CDW) with a Equal-Weight and lowers the price target from $150 to $148.
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Filed: 2026-09-21 AccNo: 0001193125-26-396653 Size: 1 MB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 9.01: Financial Statements and Exhibits
CDW Corporation announced plans to acquire Lovelytics, a data and AI services firm, for approximately $525 million to strengthen its Data & Analytics Practice. The acquisition aims to help enterprises transition from AI pilots to production by combining Lovelytics' specialized expertise with CDW's scale and technology portfolio. The move reflects growing enterprise demand for AI data readiness solutions, with only 12% of enterprises feeling fully prepared according to Gartner research.