In a report issued on May 31, Louis Miscioscia from Pivotal Research reiterated a Buy rating on Tech Data Corp (NASDAQ: TECD), with a price target of $105. The company’s shares closed on Friday at $88.33.
According to TipRanks.com, Miscioscia is ranked #3697 out of 4815 analysts.
Currently, the analyst consensus on Tech Data Corp is Moderate Buy and the average price target is $106.60, representing a 20.7% upside.
In a report issued on June 1, Loop Capital Markets also maintained a Buy rating on the stock with a $107 price target.
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Tech Data Corp’s market cap is currently $3.38B and has a P/E ratio of 28.40. The company has a Price to Book ratio of 1.18.
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Tech Data Corp. distributes technology products, services and solutions. It provides services, such as data center, e-business, private label delivery, supply chain, shipping and technical; and solutions, such as security, software, mobile and consumer technology.
