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Fly News Breaks for June 26, 2015
SNX
Jun 26, 2015 | 07:21 EDT
Brean Capital noted that SYNNEX lowered its guidance, but the firm maintained its Buy rating and $90 price target on the shares as they believe operating margins will begin to expand in the November quarter. The firm also said it expects that the company will be through its BPO OM issues entering 2016 and that it expects continued solid demand in its Tech Distribution business.
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