Avnet price target raised to $95 from $69 at Raymond James

Raymond James raised the firm’s price target on Avnet (AVT) to $95 from $69 and keeps a Strong Buy rating on the shares. Avnet reported March quarter results showing continued recovery across regions and end markets, with demand broadening over multiple quarters and supporting ongoing margin expansion, the analyst tells investors in a research note. The firm says the results support a constructive outlook, with sustained execution and improving fundamentals positioning the company as a potential beneficiary of broader electronics market recovery trends.