JPMorgan lowered the firm’s price target on TD Synnex to $112 from $118 and keeps an Overweight rating on the shares post the fiscal Q3 report. The firm says the company’s margins, free cash flow and shareholder return targets continue to track well.
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Read More on SNX:
- TD Synnex price target raised to $99 from $98 at Barclays
- TD Synnex sees Q4 EPS $2.40-$2.90, consensus $2.95
- TD Synnex reports Q3 EPS $2.78, consensus $2.48
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