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TD Synnex price target lowered to $125 from $150 at JPMorgan

TD Synnex price target lowered to $125 from $150 at JPMorgan

JPMorgan lowered the firm’s price target on TD Synnex (SNX) to $125 from $150 and keeps a Neutral rating on the shares post the fiscal Q1 report. The firm expects concerns over datacenter investments to compound lingering enterprise spending worries.

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