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Fly News Breaks for June 24, 2016
SNX
Jun 24, 2016 | 07:37 EDT
Brean Capital raised its price target on SYNNEX to $108 from $97 following Q2 results. The firm cited solid operational execution and expectations for the same to continue in the second half of the year. Brean Capital reiterated its Buy rating on SYNNEX shares.
News For SNX From the Last 2 Days
SNX
Mar 28, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
SNX
Mar 28, 2024 | 07:03 EDT
The deal size was increased to 10.5M shares of common stock from 9M shares of common stock and the range was $109.00-$116.00. JPMorgan, Barclays, BofA and Mizuho acted as joint book running managers for the offering.
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.