Synnex (SNX) Tops Q2 EPS by 16c, Q3 Guidance Mixed

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SYNNEX (SNX) PT, Estimates Raised at Needham & Company on 'Strong' Q2

July 3, 2014 6:54 AM EDT

Needham & Company analyst Richard Kugele raised estimates and his price target on Buy-rated SYNNEX Corp. (NYSE: SNX) to $78.00 (from $74.00) following "strong" Q2 results after the close.

Kugele commented, "We believe that SNX is clearly gaining share against small regional players in all of... More