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BofA/Merrill Lynch Reinstated Tech Data (TECD) at Underperform

August 18, 2015 7:02 AM EDT
Get Alerts TECD Hot Sheet
Price: $144.90 --0%

Rating Summary:
    4 Buy, 4 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 12 | New: 9
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BofA/Merrill Lynch reinstated coverage on Tech Data (NASDAQ: TECD) with an Underperform rating and a price target of $49. Analyst Param Singh sees topline risk due to high exposure to PCs/peripherals.

For an analyst ratings summary and ratings history on Tech Data click here. For more ratings news on Tech Data click here.

Shares of Tech Data closed at $59.67 yesterday.



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