Tech Data (TECD) Misses Q2 EPS by 10c, Revenues Beat; Offers 3Q EPS Guidance Below Consensus

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Go back to Tech Data (TECD) Misses Q2 EPS by 10c, Revenues Beat; Offers 3Q EPS Guidance Below Consensus

Tech Data (TECD) PT Lowered to $100 at Needham & Company

August 31, 2018 6:37 AM EDT

Needham & Company analyst Sean Hannan lowered the price target on Tech Data (NASDAQ: TECD) to $100.00 (from $115.00) while maintaining a Buy rating.

The analyst remains positive although see some further bumps in the road for the business. He believes the deep-value story remains... More