Loop Capital raises TD Synnex target to $160 due to strong performance in IT distribution and solutions

From Financial Modeling Prep: 2025-06-30 15:08:00

Loop Capital raised TD SYNNEX’s price target to $160, citing strong performance in IT distribution and hyperscale solutions. Q2 results saw 7% revenue growth and a 10% EPS increase. Endpoint Solutions billings rose 13% YoY, with Advanced Solutions up 10% excluding Hyve. Hyve saw high-teen growth, with margins stabilizing for future improvement.



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