UPDATE: Ascendiant Capital Downgrades DXP Enterprises to Neutral as Shares Reflect Current Expectations
July 26, 2013 at 11:11 AM EDT
In a report published Friday, Ascendiant Capital analyst Christopher Bamman downgraded the rating on DXP Enterprises (NASDAQ: DXPE ) from Buy to Neutral, and removed the $71.00 price target. In the report, Ascendiant Capital noted, “We are lowering our rating on the shares of DXP Enterprises to Neutral from Buy