RBC Capital Maintains Sector Perform on TD Synnex, Lowers Price Target to $97
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Ashish Sabadra has maintained a 'Sector Perform' rating on TD Synnex (NYSE:SNX) but lowered the price target from $98 to $97.
July 10, 2023 | 12:34 pm
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TD Synnex's price target has been lowered from $98 to $97 by RBC Capital, though the 'Sector Perform' rating is maintained.
The lowering of the price target by RBC Capital indicates a slightly less optimistic outlook for TD Synnex. This could potentially lead to a short-term negative impact on the stock price, hence the score of -1. The relevance is 100 as the news is directly about SNX. The importance is set at 70 as price target changes by major analysts can influence investor sentiment. The confidence is 90, based on the clear information provided in the news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100