There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Nvidia (NVDA – Research Report) and TD SYNNEX Corporation (SNX – Research Report) with bullish sentiments.
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TD SYNNEX Corporation (SNX)
Bank of America Securities analyst Ruplu Bhattacharya reiterated a Buy rating on TD SYNNEX Corporation today and set a price target of $150.00. The company’s shares closed last Monday at $131.60, close to its 52-week high of $134.48.
According to TipRanks.com, Bhattacharya is a 3-star analyst with an average return of 1.9% and a 57.4% success rate. Bhattacharya covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, Vishay Intertechnology, and Arrow Electronics.
Currently, the analyst consensus on TD SYNNEX Corporation is a Strong Buy with an average price target of $146.33, a 9.2% upside from current levels. In a report issued on January 6, UBS also maintained a Buy rating on the stock with a $150.00 price target.
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