UBS Upgrades TD Synnex to Buy, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
UBS analyst David Vogt upgraded TD Synnex (NYSE:SNX) from Neutral to Buy and increased the price target from $115 to $145, indicating a positive outlook on the company's stock.
April 16, 2024 | 12:18 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
TD Synnex was upgraded by UBS from Neutral to Buy, with a price target increase from $115 to $145, suggesting a strong confidence in the company's future performance.
The upgrade by UBS from Neutral to Buy, accompanied by a significant increase in the price target, reflects a bullish stance on TD Synnex's stock. This is likely due to positive assessments of the company's market position, growth prospects, or financial health. Such upgrades often lead to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100