Avnet (AVT) Tops Q4 EPS by 8c, Offers Q1 Guidance

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Avnet (AVT) PT Bumped to $50 at Brean Capital Post Q4

August 6, 2015 8:20 AM EDT

Brean Capital analyst Ananda Baruah reiterated a Buy rating and raised the price target on Avnet (NYSE: AVT) to $50.00 (from $49.00) following solid Q4 results.

Baruah commented, "AVT delivered very solid operating leverage and appears to be tracking ahead of its margin expansion... More