SYNNEX Corp. (SNX): Good Quarter But Maintaining Hold - Needham
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Western Digital (WDC) is Barclays' New Top Pick in IT Hardware (STX)
September 29, 2016 12:21 PM EDTWestern Digital Corp. (NASDAQ: WDC) is modestly higher Thursday after Barclays named the stock its new IT Hardware Top Pick, replacing Apple. The firm also raised its price target on WDC to $71.00 (from $61.00) and reiterated an Overweight rating.
"We are again... More
Brean Capital Raises Price Target on SYNNEX Corp. (SNX) Following 3Q Report
September 27, 2016 9:45 AM EDTBrean Capital reiterated a Buy rating on SYNNEX Corp. (NYSE: SNX), and raised the price target to $124.00 (from $108.00), following the company's 3Q earnings report. SNX reported strong revenues and EPS of $3.7B and $1.73 compared to the Street's estimates of $3.5B and $1.56. Management expects November revenues to be within seasonal patterns of $3.83B - $3.93B with... More
Stifel Raises Price Target on SYNNEX Corp. (SNX) to $104 Following 3Q Beat and Raise
September 27, 2016 8:56 AM EDTStifel reiterated a Hold rating on SYNNEX Corp. (NYSE: SNX), and raised the price target to $104.00 (from $98.00), following the company's 3Q earnings report. SNX reported revenue and non-GAAP EPS of $3.67bn and $1.73, compared to consensus estimates of $3.49bn and $1.56. For the November quarter, the company guided revenue to $3.83bn-$3.93bn and non-GAAP EPS of $2.06-$2.11. this compares to the Street estimates of... More
