UPDATE: Ascendiant Capital Initiates Coverage on DXP Enterprises with Neutral Rating on Fair Valuation

In a report published Wednesday, Ascendiant Capital analyst Christopher Bamman initiated coverage on DXP Enterprises (NASDAQ: DXPE ) with a Neutral rating. In the report, Bamman noted, “DXP Enterprises, Inc. is a leading industrial distribution company providing maintenance, repair and operating (“MRO”) products and services, supply chain services, and innovative