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SNX

Synnex

$81.74

0.47 (0.58%)

04:55
11/05/18
11/05
04:55
11/05/18
04:55

Synnex management to meet with Loop Capital

Meeting to be held in Los Angeles on November 5 hosted by Loop Capital.

  • 05

    Nov

SNX Synnex
$81.74

0.47 (0.58%)

10/04/18
NEED
10/04/18
UPGRADE
NEED
Strong Buy
Synnex upgraded to Strong Buy from Buy at Needham
10/04/18
NEED
10/04/18
UPGRADE
Target $135
NEED
Strong Buy
Synnex upgraded to Strong Buy at Needham after another 'solid' quarter
As reported earlier, Needham analyst Sean Hannon upgraded Synnex to Strong Buy from Buy with a price target of $135 after its "solid" earnings result in Q3. The analyst cites the company's business becoming "more diversified, experiencing healthy fundamental demand, and expanding its structural margin profile". Hannon further notes the Street being too focused on the margin pressure of Synnex's Hyve business while missing a "bigger story of strong profit growth" while also pointing to the valuation on the stock reaching "trough levels" of 6.8-times forward earnings based on the aftermarket price yesterday.
10/04/18
RHCO
10/04/18
NO CHANGE
Target $100
RHCO
Buy
Synnex price target lowered to $100 from $125 at SunTrust
SunTrust analyst Frank Atkins lowered his price target on Synnex (SNX) to $100, saying that while Q3 earnings topped expectations, the outlook for Q4 was disappointing. The analyst also recommends that investors buy the shares on weakness, anticipating margin expansion in FY19 to drive multiples while the company also allocates some of the cashflows to debt payment. Atkins further sees reduced revenue volatility coming from Synnex's acquisition of Convergys (CVG).
10/04/18
10/04/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. National Storage (NSA) upgraded to Buy from Hold at Jefferies with analyst George Hoglund saying he believes the recent weakness in the shares is overdone and presents a buying opportunity. 2. Cummins (CMI) upgraded to Overweight from Neutral at Piper Jaffray with analyst Alexander Potter saying his deep-dive analysis illuminates the likelihood of upside versus consensus estimates in the coming years. 3. Synnex (SNX) upgraded to Strong Buy from Buy at Needham with analyst Sean Hannon citing the company's business becoming "more diversified, experiencing healthy fundamental demand, and expanding its structural margin profile." 4. Cloudera (CLDR) upgraded to Buy from Neutral at DA Davidson and Nomura Instinet. 5. Washington Trust (WASH) upgraded to Buy from Hold at Sandler O'Neill withh analyst Mark Fitzgibbon saying management went out of their way to focus on their organic growth and "made a compelling argument that there is a dearth of good mid-size banks in New England." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

VZ

Verizon

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0.91 (1.54%)

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CTSH

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1.44 (2.10%)

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NAK

Northern Dynasty

$0.69

0.024 (3.59%)

13:41
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XLF

Financial Select Sector

$26.78

0.03 (0.11%)

13:40
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Size strangle in SPDR Financials »

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13:35
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Fedspeak will be very limited next week »

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LVS

Las Vegas Sands

$53.63

-0.11 (-0.20%)

13:25
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Las Vegas Sands call volume above normal and directionally bullish »

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CTWS

Connecticut Water

$69.67

-0.08 (-0.11%)

, SJW

SJW Corp.

$64.12

-0.32 (-0.50%)

13:25
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Conference/Events
Connecticut Water to host special shareholder meeting »

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CTWS

Connecticut Water

$69.67

-0.08 (-0.11%)

SJW

SJW Corp.

$64.12

-0.32 (-0.50%)

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  • 16

    Nov

GOOG

Alphabet

$1,060.06

-4.68 (-0.44%)

, GOOGL

Alphabet Class A

$1,064.87

-6.35 (-0.59%)

13:18
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11/16
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13:18
Periodicals
Diane Greene confirms Thomas Kurian to become Google Cloud CEO »

Diane Greene, the CEO of…

GOOG

Alphabet

$1,060.06

-4.68 (-0.44%)

GOOGL

Alphabet Class A

$1,064.87

-6.35 (-0.59%)

ORCL

Oracle

$51.20

0.56 (1.11%)

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  • 28

    Nov

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    Mar

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
11/16/18
11/16
13:17
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13:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
11/16/18
11/16
13:16
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13:16
Technical Analysis
NYSE market internals summary »

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$273.80

0.96 (0.35%)

13:12
11/16/18
11/16
13:12
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13:12
Periodicals
White House says Trump just expressing optimism on trade, CNBC reports »

CNBC's Eamon Javers…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$273.80

0.96 (0.35%)

03/08/13
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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$273.79

0.95 (0.35%)

13:10
11/16/18
11/16
13:10
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13:10
Periodicals
White House tells CNBC not to read too much into Trump's trade comments »

Immediately following…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$273.79

0.95 (0.35%)

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13:09
11/16/18
11/16
13:09
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13:09
General news
Baker-Hughes Rig Count N. Amer. data reported »

Week of 11/16…

BHGE

Baker Hughes

$23.40

0.11 (0.47%)

13:05
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11/16
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Baker Hughes reports U.S. rig count up 1 to 1,082 rigs »

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  • 29

    Nov

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ECA

Encana

$7.56

-0.19 (-2.45%)

13:05
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Options
Encana call volume above normal and directionally bullish »

Bullish option flow…

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SYRS

Syros Pharmaceuticals

$8.03

0.16 (2.03%)

13:00
11/16/18
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Recommendations
Syros Pharmaceuticals analyst commentary  »

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  • 27

    Nov

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$273.77

0.93 (0.34%)

12:54
11/16/18
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General news
Trump says China 'wants to make a deal' on trade »

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SPX

S&P 500

$0.00

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SPY

SPDR S&P 500 ETF Trust

$273.77

0.93 (0.34%)

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PYPL

PayPal

$85.27

-1.48 (-1.71%)

12:50
11/16/18
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Options
Notable call writing in Paypal as shares drop 2% »

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  • 19

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GOOG

Alphabet

$1,051.92

-12.82 (-1.20%)

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Alphabet Class A

$1,057.14

-14.08 (-1.31%)

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Periodicals
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Google (GOOG, GOOGL)…

GOOG

Alphabet

$1,051.92

-12.82 (-1.20%)

GOOGL

Alphabet Class A

$1,057.14

-14.08 (-1.31%)

ORCL

Oracle

$51.16

0.52 (1.03%)

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  • 28

    Nov

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    Mar

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$272.08

-0.76 (-0.28%)

12:45
11/16/18
11/16
12:45
11/16/18
12:45
General news
Markets bounce higher after Trump comments on China trade talks »

The markets moved higher…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$272.08

-0.76 (-0.28%)

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12:45
11/16/18
11/16
12:45
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General news
Breaking General news story  »

Week of 11/16…

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$272.55

-0.29 (-0.11%)

12:40
11/16/18
11/16
12:40
11/16/18
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General news
Breaking General news story on S&P 500, SPDR S&P 500 ETF Trust »

Trump says would like to…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$272.55

-0.29 (-0.11%)

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$272.55

-0.29 (-0.11%)

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11/16/18
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General news
Breaking General news story on S&P 500, SPDR S&P 500 ETF Trust »

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$0.00

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$272.55

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IQ

iQIYI

$20.54

-0.53 (-2.52%)

12:40
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Options
4K Jun 22.5 calls on iQiyi trade $3.40 »

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