Tech Data (TECD) Tops Q1 EPS by 38c, Beats on Revenues; Offers 2Q EPS Mid-Point Guidance Above Consensus

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Go back to Tech Data (TECD) Tops Q1 EPS by 38c, Beats on Revenues; Offers 2Q EPS Mid-Point Guidance Above Consensus

Tech Data (TECD) PT Raised to $115 at Needham & Company

May 31, 2018 5:44 PM EDT

Needham & Company raised its price target on Tech Data (NASDAQ: TECD) to $115.00 (from $110.00) while maintaining a Buy rating.

Analyst Sean Hannan commented, "TECD posted a very strong F1Q (on low expectations) along with solid guidance as the broader demand environment appears to... More