Fintel reports that on January 10, 2025, CFRA upgraded their outlook for TD SYNNEX (NYSE:SNX) from Hold to Buy.
Analyst Price Forecast Suggests 5.33% Upside
As of December 23, 2024, the average one-year price target for TD SYNNEX is $141.22/share. The forecasts range from a low of $131.30 to a high of $157.50. The average price target represents an increase of 5.33% from its latest reported closing price of $134.07 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for TD SYNNEX is 68,574MM, an increase of 17.32%. The projected annual non-GAAP EPS is 15.27, a decrease of 0.58% from the prior forecast.
What is the Fund Sentiment?
There are 1,063 funds or institutions reporting positions in TD SYNNEX. This is an increase of 31 owner(s) or 3.00% in the last quarter. Average portfolio weight of all funds dedicated to SNX is 0.34%, an increase of 3.36%. Total shares owned by institutions increased in the last three months by 4.08% to 89,068K shares. 
The put/call ratio of SNX is 0.94, indicating a bullish outlook.
What are Other Shareholders Doing?
Brave Warrior Advisors holds 3,696K shares representing 4.34% ownership of the company. In its prior filing, the firm reported owning 3,322K shares , representing an increase of 10.11%. The firm increased its portfolio allocation in SNX by 8.37% over the last quarter.
Jpmorgan Chase holds 3,012K shares representing 3.54% ownership of the company. In its prior filing, the firm reported owning 2,199K shares , representing an increase of 27.01%. The firm increased its portfolio allocation in SNX by 1,385.84% over the last quarter.
COWZ - Pacer US Cash Cows 100 ETF holds 2,752K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 1,808K shares , representing an increase of 34.33%. The firm increased its portfolio allocation in SNX by 39.11% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 2,378K shares representing 2.79% ownership of the company. In its prior filing, the firm reported owning 2,417K shares , representing a decrease of 1.66%. The firm decreased its portfolio allocation in SNX by 6.52% over the last quarter.
Abrams Bison Investments holds 2,248K shares representing 2.64% ownership of the company. No change in the last quarter.
TD Synnex Background Information
(This description is provided by the company.)
SYNNEX Corporation is a Fortune 200 corporation and a leading provider of a comprehensive range of distribution, systems design and integration services for the technology industry to a wide range of enterprises. Founded in 1980, SYNNEX Corporation operates in numerous countries throughout North and South America, Asia-Pacific and Europe.
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