William Blair Initiates Coverage on CDK Global Inc. (CDK)

William Blair started coverage on shares of CDK Global Inc. (NASDAQ:CDK) in a report issued on Wednesday. The brokerage set a “market perform” rating on the stock.
Separately, Zacks Investment Research upgraded CDK Global from a “hold” rating to a “buy” rating and set a $63.00 price objective on the stock in a research report on Tuesday, October 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. CDK Global has an average rating of “Hold” and an average target price of $55.75.