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ARW

Arrow Electronics

$62.53

-0.31 (-0.49%)

16:01
10/13/16
10/13
16:01
10/13/16
16:01

Arrow, Mojo Networks to enable first SaaS-based access point models

Arrow Electronics and Mojo Networks are collaborating to disrupt the IT network solutions market. The companies have joined forces to enable one of the first Software-as-a-Service-based access point models, combining Mojo's technological innovation with Arrow's leading capabilities in supply chain, cloud and IoT enablement. "Arrow and Mojo Networks are working Five Years Out to bring flexible, next-generation IT system solutions to our customers and resellers today," said Cathy Morris, Arrow's chief strategy officer. "IT procurement models are rapidly evolving, and Arrow's collaboration with Mojo will help accelerate the pace of hardware and software disaggregation, reducing hardware and software maintenance costs and improving overall business agility and IT service delivery."

ARW Arrow Electronics
$62.53

-0.31 (-0.49%)

05/09/16
GSCO
05/09/16
UPGRADE
Target $72
GSCO
Conviction Buy
Arrow Electronics upgraded to Conviction Buy from Buy at Goldman
Goldman analyst Mark Delaney added Arrow Electronics to the firm's Conviction Buy list, saying he has increased confidence in the name following its earnings report and meetings with management, citing the company's record backlog, opportunity for margin improvement and valuation. Delaney raised his price target on Arrow shares to $72 from $70.
07/07/16
GSCO
07/07/16
DOWNGRADE
Target $72
GSCO
Buy
Arrow Electronics downgraded to Buy from Conviction Buy at Goldman
Goldman Sachs analyst Mark Delaney downgraded Arrow Electronics to Buy citing a lack of positive catalysts. The analyst, however, still views the stock's risk/reward as attractive. He keeps a $72 price target for the shares.
08/03/16
BMUR
08/03/16
NO CHANGE
Target $70
BMUR
Buy
Arrow Electronics well positioned to deliver solid results, say Brean Capital
Brean Capital said Arrow Electronics remains well positioned to deliver solid results in the next few quarters. The firm cited its growth areas, which are different than competitors and will offer an attractive value proposition to SMB customers and suppliers. Brean Capital reiterated its Buy rating and raised its price target to $70 from $68 on Arrow Electronics shares.
09/20/16
GSCO
09/20/16
DOWNGRADE
GSCO
Neutral
Arrow Electronics downgraded to Neutral from Buy at Goldman
Goldman analyst Mark Delaney downgraded Arrow Electronics to Neutral and lowered its price target to $63 from $72 citing higher average distributor inventory and recent reversal in the US ISM index. Further, continued semi supplier consolidation creates margin and execution risk, the analyst wrote.

TODAY'S FREE FLY STORIES

VMI

Valmont

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-1.4 (-0.82%)

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LITE

Lumentum

$45.20

-3.65 (-7.47%)

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MAC

Macerich

$66.00

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NFLX

Netflix

$227.58

7.12 (3.23%)

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HSGX

Histogenics

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GAIA

Gaia

$11.90

-0.05 (-0.42%)

07:21
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STT

State Street

$108.99

1.38 (1.28%)

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W

Wayfair

$90.64

2.8 (3.19%)

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VYGR

Voyager Therapeutics

$20.23

1.56 (8.36%)

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TBK

Triumph Bancorp

$37.00

1 (2.78%)

07:13
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Upgrade
Triumph Bancorp rating change  »

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Conference/Events
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CAT

Caterpillar

$170.89

0.48 (0.28%)

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GPRO

GoPro

$6.30

0.01 (0.16%)

07:12
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  • 01

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VZ

Verizon

$53.46

1.55 (2.99%)

07:11
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Periodicals
Verizon mulls sports gambling as legalization nears, Bloomberg reports »

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SRNE

Sorrento Therapeutics

$7.75

1.35 (21.09%)

, JUNO

Juno Therapeutics

$86.00

18.19 (26.83%)

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SRNE

Sorrento Therapeutics

$7.75

1.35 (21.09%)

JUNO

Juno Therapeutics

$86.00

18.19 (26.83%)

CELG

Celgene

$102.91

0.26 (0.25%)

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SPX

S&P 500

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ENLC

EnLink Midstream

$19.25

0.5 (2.67%)

, ENLK

EnLink Midstream Partners

$18.08

0.63 (3.61%)

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EnLink Midstream

$19.25

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ENLK

EnLink Midstream Partners

$18.08

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TRGP

Targa Resources

$51.00

0.27 (0.53%)

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ACBFF

Aurora Cannabis

$11.65

0.8799 (8.17%)

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GDX

Market Vector Gold Miners

$23.71

0.06 (0.25%)

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VZ

Verizon

$53.46

1.55 (2.99%)

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