Needham & Company Downgrades Tech Data (TECD) to Hold

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Go back to Needham & Company Downgrades Tech Data (TECD) to Hold

Tech Data (TECD) PT, Estimates Lowered at Brean Capital on FX Headwinds

March 20, 2015 6:24 AM EDT

Brean Capital analyst Ananda Baruah reiterated a Buy rating but lowered the price target on Tech Data (NASDAQ: TECD) to $63.00 (from $73.00) following Q4 results. The analyst noted solid OM execution but FX headwinds.

Baruah commented, "Stock could remain soft N-T as it... More

Tech Data (TECD) Misses Q4 EPS by 4c

March 19, 2015 6:18 AM EDT

Tech Data (NASDAQ: TECD) reported Q4 EPS of $1.96, $0.04 worse than the analyst estimate of $2.00. Revenue for the quarter came in at $7.34 billion versus the consensus estimate of $7.67 billion.

For earnings history and earnings-related data on Tech Data (TECD) click here.

... More