Wall Street is seeing the quiet period end for two recent hot initial public offerings (IPOs) this Tuesday. CDW Corp. (NASDAQ: CDW) and HD Supply Holdings Inc. (NASDAQ: HDS) have both performed very well, both up close enough to 30% or so since coming public. It turns out that the Wall Street analysts are still biased on the upside ahead for both companies.

CDW Corp. (NASDAQ: CDW) is the retail and wholesale place for computers and office technology offerings that was taken private during the private equity boom. Its stock closed at $22.79 on Monday and its IPO price was $17 against a post-IPO range of $17.38 to $23.00.

HD Supply Holdings Inc. (NASDAQ: HDS) is an industrial distribution company and its shares closed on Monday at $23.00 against a post-IPO trading range of $17.80 to $23.33 with a $4.2 billion market cap. Its 53+ million share IPO was at $18.00 per share.

CDW Corp. (NASDAQ: CDW) analysts gave it the following coverage:

• Equal Weight and $24 price target at Barclays
• Buy and $26 price target at Deutsche Bank
• Buy and $27 price target at Goldman Sachs
• Overweight and $26 price target at J.P. Morgan
• Equal Weight at Morgan Stanley
• Outperform and $25 price target at Raymond James
• Neutral and $25 price target at RW Baird
• Buy and $27 price target at Stifel Nicolaus

HD Supply Holdings Inc. (NASDAQ: HDS) has the following analyst initiations:

• Overweight and a $27 price target at Barclays
• Buy and $28 price target at BB&T
• Neutral and $24 price target at Citigroup
• Outperform and $27 price target at Credit Suisse
• Buy and $28 price target at Deutsche Bank
• Neutral and $23 price target at Goldman Sachs
• Overweight and $27 price target at J.P. Morgan
• Outperform and $25 price target at Raymond James
• Buy and $27 price target at UBS
• Outperform and a $25 to $27 range at Wells Fargo
• Outperform at William Blair

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.