Tech Data Corp (TECD) Tops Q2 EPS Expectations

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Tech Data (TECD) PT Raised to $72 at Needham & Company

August 27, 2014 7:34 AM EDT

Needham & Company analyst Richard Kugele reiterated a Buy rating and raised his price target on Tech Data (NASDAQ: TECD) to $72.00 (from $70.00) following strong Q2 results.

Kugele commented, "TECD posted a strong F2Q, with significant earnings upside driven by higher-than-expected... More

Tech Data (TECD) PT Raised to $59 at Goldman Sachs

August 26, 2014 3:27 PM EDT

Goldman Sachs maintained a Neutral rating on Tech Data (NASDAQ: TECD) and raised its price target to $59.00 (from $54.00). The change follows Q2 results.

Analyst Bill Shope said, "It was encouraging to see Tech Data bounce back from 1Qs disappointing results. Broadly, the IT demand... More