Barclays analyst George Wang raised the firm’s price target on TD Synnex to $99 from $98 and keeps an Equal Weight rating on the shares. The company reported mixed fiscal Q3 results and weaker Q4 revenue and earnings outlook on the macro environment and continued PC weakness, the analyst tells investors in a research note.
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Read More on SNX:
- 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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