JP Morgan Maintains Neutral on TD Synnex, Raises Price Target to $126
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Joseph Cardoso maintains a Neutral rating on TD Synnex (NYSE:SNX) and raises the price target from $113 to $126.
April 01, 2024 | 2:02 pm
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JP Morgan analyst Joseph Cardoso maintains a Neutral rating on TD Synnex and raises the price target from $113 to $126.
The increase in price target by JP Morgan suggests a positive outlook on the financial performance or market position of TD Synnex, likely leading to a short-term positive impact on its stock price. However, the maintenance of a Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100