News Breaks |
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| September 26, 2012 |
| 07:45 EDT |  | SNX | SYNNEX shares attractive, says Brean Murray
Brean Murray said their Buy thesis on SYNNEX remains intact despite its soft Q3 results. The firm believes the company can expand its operating margins as it continues to operate its best of breed core IT distribution business. Brean Murray expects the shares to be weak and said they view the $32.50 level as attractive area to accumulate the stock. Shares are Buy rated with a $40 price target. |
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