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Dxp Enterprises, Inc. (DXPE) [hlAlert]

down 53.92 %

Dxp Enterprises, Inc. (DXPE) upgraded to Buy with price target $71 by Ascendiant Capital Markets

Posted on: Thursday,  May 2, 2013  1:25 PM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Buy Dxp Enterprises, Inc. (NASDAQ: DXPE) on 05/02/2013, when the stock price was $57.13.
Since then, Dxp Enterprises, Inc. has lost 53.93% as of 01/15/2016's recent price of $26.32.
If you would have followed this Ascendiant Capital Markets's recommendation on DXPE, you would have lost 53.92% of your investment in 988 days.

DXP Enterprises, Inc. (DXP) is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to industrial customers. The Company is organized into two segments: MRO and Electrical Contractor. The MRO segment provides MRO products, equipment and integrated services, including technical design expertise and logistics capabilities, to industrial customers. The Electrical Contractor segment sells a range of electrical products. On January 31, 2008, DXP acquired Rocky Mtn Supply, Inc. On August 28, 2008, the Company acquired PFI, LLC. On December 1, 2008, DXP acquired Falcon Pump.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/2/2013 1:25 PM Buy
57.13 71.00
as of 12/13/2013
1 Week up  6.37 %
1 Month up  9.21 %
3 Months up  40.41 %
1 YTD up  82.56 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/19/2013 9:25 AM Hold
4/3/2013 9:25 AM Hold

(*) Stock Price at the time of the recommendation.
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