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Fly News Breaks for June 8, 2016
SNX
Jun 8, 2016 | 09:14 EDT
As previously reported, Raymond James downgraded SYNNEX to Market Perform from Outperform. Analyst Brian Alexander said valuation is back to fair levels and reduced his rating on shares.
News For SNX From the Last 2 Days
SNX
Mar 27, 2024 | 05:30 EDT
Barclays raised the firm's price target on TD Synnex to $118 from $111 and keeps an Equal Weight rating on the shares. The company reported largely in-line fiscal Q1 results and the new $2B share repurchase authorization is a modest positive, the analyst tells investors in a research note. The firm says TD Synnex's margins outperformed again although revenue continues to be impacted by Advanced Solutions weakness and Hyve consignment shift.
SNX
Mar 26, 2024 | 08:10 EDT
Sees Q2 revenue $13.3B-$14.9B, consensus $14.25B. Sees Q2 gross billings $18.4B-$19.6B.