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Bloomberg Businessweek

Bloomberg Markets: Dave Wilson's Stock of the Day for June 27

2 min27 juni 2017

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Systemax (SYX). Systemax Inc.'s shares are headed for their biggest loss in more than a year after the only analyst to cover the computer distributor cut his rating. Data compiled by Bloomberg shows the analyst, Sidoti & Co.'s Anthony Lebiedzinski, had recommended buying Systemax since he began coverage in August 2010. He moved to a neutral rating after the shares approached his 12-month price estimate of $22, set on Friday. They rose as high as $20.67 yesterday and almost tripled in three months.

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