Rated Overweight to capture confirmed Q2 reacceleration (+10.5% revenue, +14.1% operating income) and durable structural moat, but execute via phased entry rather than chase at $594. Position sizing of 2-3% portfolio weight reflects balance sheet concerns (net debt up 41% to $38.5B, 3.3x leverage, $54.8B goodwill), with a three-tranche deployment structure targeting $573-580 / $564 / $540-545 and stops at $560; full position requires successful integration of $8.87B Q1 acquisition and favorable Aug 12 CPI print.