Will This Price Target Increase Have A Positive Impact On HD Supply Holdings (HDS) Stock On Monday?

NEW YORK (TheStreet) -- HD Supply Holdings Inc.'s (HDS) price target was raised to $31 from $29 by analysts at UBS (UBS) today, as the firm maintained its "buy" rating on the stock.

UBS said it raised its numbers on the industrial distributor company based on several factors that help drive growth, including recovery of a depressed market, share gains, and market expansion.

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