Fly News Breaks for June 1, 2018
TECD
Jun 1, 2018 | 05:21 EDT
In a post-earnings research note titled "This Is What One Would Call 'Back On Track," Loop Capital analyst Ananda Baruah raised her price target for Tech Data to $107 from $102 and reiterates a Buy rating on the shares. The company posted "strong" April quarter results and offered "solid" July quarter guidance which is conservative for earnings, Baruah writes. She keeps a Buy rating on Tech Data shares.
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