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TD Synnex price target lowered to $97 from $98 at RBC Capital

RBC Capital lowered the firm’s price target on TD Synnex to $97 from $98 and keeps a Sector Perform rating on the shares. The analyst is adjusting the firm’s model to reflect the company’s commentary as well as additional disclosures coming in the release of its latest 10-Q filing. RBC Capital is also citing macro headwinds and lower growth in the company’s Endpoint Solutions segment.

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