UPDATE: Citigroup Reiterates Neutral Rating, Raises PT on SYNNEX Corporation
Posted on January 11, 2013 at 10:50 AM EST
In a report published Friday, Citigroup reiterated its Neutral rating on SYNNEX Corporation (NYSE: SNX ), and slightly raised its price target from $35.00 to $36.00. Citigroup noted, “SNX reported Nov qtr revs of $2.8B, in line with street estimates. However, EPS of $1.16 was significantly above consensus expectations