StockNews.AI
SNX
Benzinga
57 days

Top Wall Street Forecasters Revamp TD Synnex Expectations Ahead Of Q2 Earnings

1. SNX expected to report $2.75 EPS, a slight increase from last year. 2. Projected revenue for second quarter at $14.32 billion, improving from $13.95 billion. 3. Morgan Stanley initiated coverage with Overweight rating, $145 price target. 4. RBC Capital maintains Outperform rating, but lowers price target to $145. 5. JP Morgan cuts price target significantly, now $120 from $125.

4m saved
Insight
Article

FAQ

Why Bullish?

Expectations of increased earnings and revenue could drive buyer interest. Positive analyst ratings, although some price target cuts, indicate overall market confidence.

How important is it?

Earnings results and analyst ratings significantly influence investor sentiment and trading decisions for SNX.

Why Short Term?

Earnings report is imminent, likely impacting stock immediately. Analyst ratings influence trading behavior as investors adjust positions pre-earnings.

Related Companies

Related News