Avnet to sell IT business to Tech Data for $2.6 billion
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/21/2026
- Wall St gains on chip stocks recovery; earnings draw focus
- Oil prices rise over 2% on fresh attacks by US and Iran
- Chip stocks extend global rebound following last week's rout
- Citi's Chew says U.S. stock positioning unwind may not be over
- Adobe, Salesforce and Intuit fall as Morgan Stanley begins cautious coverage
- U.S. to impose 50% tariff on most Canadian goods, including USMCA
- Intersnack to acquire Utz Brands at $14.25 per share in go-private deal
- NVIDIA reports 9.3% passive stake in Nebius
- Wall Street indexes fall, with Iran and earnings season in focus
- Cantor Fitzgerald Starts Trulieve Cannabis (TRLV) at Overweight, 'Purpose-Built for a New Cannabis Regulatory Framework'
Brean Capital Raises Price Target as Tech Data (TECD) Announces Tech Solutions Segment Acquisition
September 20, 2016 9:55 AM EDTBrean Capital reiterated a Buy rating on Tech Data (NASDAQ: TECD), and raised the price target to $105.00 (from $82.00), following the company's announced acquisition of AVTs Technology Solutions segment. The deal may not close for as much as 9 months. However, if TECD executes through CY19, this should be 10x - 14x a normalized... More
CLSA Upgrades Tech Data (TECD) to Buy
September 20, 2016 7:38 AM EDTCLSA upgraded Tech Data (NASDAQ: TECD) from Underperform to Buy with a price target of $102.00.
For an analyst ratings summary and ratings history on Tech Data click here. For more ratings news on Tech Data click here.
Shares of Tech Data closed at $84.80 yesterday.
... More