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Fly News Breaks for June 26, 2015
SNX
Jun 26, 2015 | 07:27 EDT
Citi recommends using the weakness in shares of SYNNEX after the company's Q3 outlook missed expectations as a buying opportunity. Citi expects margins to improve and thinks the company will use its investor day on July 1 to alleviate investor concerns. It lowered its price target for shares to $88 from $92 and keeps a Buy rating on the name.
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