Bank of America Corp DE Acquires Shares of 1,813,551 CDW Corporation $CDW

Bank of America Corp DE recently acquired 1.81 million shares of CDW Corporation, valued at approximately $255.1 million, establishing a 1.45% stake in the company. This acquisition follows strong quarterly results from CDW, which reported better-than-expected EPS and revenue, and initiated dividend payments. The stock currently holds a "Moderate Buy" consensus rating from analysts, with a price target of $150.38.