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Wednesday, 09/30/2020 8:05:24 AM

Wednesday, September 30, 2020 8:05:24 AM

Post# of 135
Synnex price target raised to $170 from $140 at Loop Capital
Loop Capital analyst Ananda Baruah raised the firm's price target on Synnex to $170 from $140 and keeps a Buy rating on the shares. The analyst is citing the company's Q3 earnings beat, with "solid business traction" seen "across the board". Baruah adds that Synnex is showing a "nice balance" across all businesses following a "very strong" performance in the prior quarter despite COVID, also adding that all work "at home" trends should continue to benefit the company.
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