JP Morgan Maintains Overweight on TD Synnex, Lowers Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Joseph Cardoso has maintained an Overweight rating on TD Synnex (NYSE:SNX) but lowered the price target from $118 to $112.

September 27, 2023 | 12:23 pm
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TD Synnex's price target has been lowered from $118 to $112 by JP Morgan, though the Overweight rating is maintained.
The lowering of the price target by JP Morgan could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Overweight rating indicates that the analyst still sees upside potential in the stock, which could counterbalance the negative sentiment.
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