Barclays raised the firm’s price target on TD Synnex (SNX) to $166 from $163 and keeps an Equal Weight rating on the shares following the earnings report. The company posted a gross billings outperformance across the board with Hyve ramp continuing, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNX: