TD SYNNEX Corporation SNX will release its third-quarter earnings results before the market opens on Thursday, September 26.
Analysts expect the Fremont, California-based company to report quarterly earnings of $2.80 per share, up from $2.78 per share in the year-ago period. TD SYNNEX expects to report revenue of $14.11 billion for the quarter, according to data from Benzinga Pro.
On September 12, TD SYNNEX announced an agreement to acquire IPsense Cloud Migration’s business in Brazil to create a new cloud competency center for its resellers.
TD SYNNEX shares fell 1.3% to close at $117.29 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by ticker symbol, company name, analyst signature, rating change, or other variables.
Let's take a look at how Benzinga's most accurate analysts have rated the company over the recent period.
- Barrington Research analyst Vincent Colicchio maintained an Outperform rating with a $138 price target on Sept. 23. This analyst has a 63% accuracy rate.
- RBC Capital analyst Ashish Sabadra upgraded the stock from Sector Perform to Outperform and raised the price target from $135 to $140 on July 15. This analyst has a 74% accuracy rate.
- UBS analyst David Vogt maintained a Buy rating and raised the price target from $145 to $150 on June 26. This analyst has a 74% accuracy rating.
- JP Morgan analyst Joseph Cardoso maintained a Neutral rating and lowered the price target from $126 to $123 on June 26. This analyst has a 64% accuracy rate.
- Barclays analyst Tim Long maintained his Equal-Weight rating and raised his price target from $111 to $118 on March 27. This analyst has a 74% accuracy rate.
Thinking about buying SNX stock? Here's what analysts think:
Read this below:
Market news and data provided by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.