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Fly News Breaks for January 13, 2016
SNX
Jan 13, 2016 | 07:29 EDT
Brean Capital said SYNNEX remains a best-of-breed public company and recommends investors stay long. The firm cited its BPO Services division continuing to ramp at a higher than market rate, an attractive overall demand opportunity, the company's history of beating and raising estimates and fact that it has little to no exposure to China and Europe. Brean Capital reiterated its Buy rating and $97 price target on SYNNEX shares.
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