Ananda Baruah, analyst at Loop Capital Markets, reiterates coverage on Synnex Corp. (SNX) in the Technology sector with a Buy rating. TipRanks.com has Baruah rated as a 4 star analyst with a 6% return on investment and a 55% success rate. Baruah has set a price target of $165.00 .
TipRanks.com reports that SNX currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $147.67 . The target pricing ranges from a high forecast of $165.00 down to a low forecast of $128.00 .
SNX’s last closing price was $107.32 which would put the average price target at 37.60% upside.
In addition, TradingView issued a Buy rating for SNX over the next month.
Remember, securities are volatile, so please do your own research on SNX.
Other analysts covering SNX include:
- Vincent Colicchio of Barrington issued a buy rate with the price target of $128 on September 29th
- Adam Tindle of Raymond James issued a buy rate with the price target of $150 on September 28th
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