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Stock Market & Financial Investment News

News Breaks
May 30, 2014
08:04 EDTTECDTech Data price target lowered to $70 from $75 at Brean Capital
Brean Capital lowered its price target on Tech Data to $70 from $75, reflecting improving America demand being offset by softer product mix in Europe. The firm keeps its Buy rating on the stock, believing pent-up commercial PC demand, a mix shift towards Europe and supply chain services integration positions Tech Data to deliver solid operating leverage.
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November 26, 2014
07:29 EDTTECDTech Data results add conviction to margin assumptions, says Brean Capital
Brean Capital said that Tech Data's solid results added conviction to the firm's long-term margin assumptions. The firm believes the company is well positioned for 2015, citing cost controls and operating leverage. Brean Capital reiterated its Buy rating and $73 price target on Tech Data shares.
November 25, 2014
06:03 EDTTECDTech Data sees Q4 sales growth of low single digit
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06:01 EDTTECDTech Data reports Q1 non-GAAP EPS 1.18, consensus $1.02
Reports Q1 revenue $6.76B, consensus $6.79B.

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