BofA Securities reiterated coverage on Avnet with a new price target
$AVT
Electronic Components
Technology
BofA Securities reiterated coverage of Avnet with a rating of Neutral and set a new price target of $43.00 from $49.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/30/2025 | Neutral → Underperform | BofA Securities | |
| 9/16/2022 | $45.00 → $35.00 | Equal Weight → Underweight | Wells Fargo |
| 7/14/2022 | $46.00 | Underweight | JP Morgan |
| 1/27/2022 | $52.00 → $57.00 | Strong Buy | Raymond James |
| 10/7/2021 | $49.00 → $43.00 | Neutral | BofA Securities |
| 8/12/2021 | $50.00 → $52.00 | Strong Buy | Raymond James |
4 - AVNET INC (0000008858) (Issuer)
4 - AVNET INC (0000008858) (Issuer)
4 - AVNET INC (0000008858) (Issuer)
Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions provider, today announced that its Board of Directors approved a regular quarterly cash dividend of $0.33 per share. The dividend will be paid on June 18, 2025, to shareholders of record as of the close of business on June 4, 2025. About Avnet As a leading global technology distributor and solutions provider, Avnet has served customers' evolving needs for more than a century. Through regional and specialized businesses around the world, we support customers and suppliers at every stage of the product lifecycle. We help companies adapt to change and accelerate the design and supply stages of product development. With a unique
Third quarter sales of $5.3 billion and diluted EPS of $1.01 Adjusted diluted EPS of $0.84 Cash flow from operations of $859 million over the past four quarters Avnet, Inc. (Nasdaq: AVT) today announced results for its third quarter ended March 29, 2025. "We are pleased with our third quarter results, with revenue and earnings exceeding our expectations," said Avnet Chief Executive Officer Phil Gallagher. "Our team continues to execute well in a highly dynamic geopolitical and market environment, and I want to thank them for their persistence during this prolonged and challenging cycle. Avnet's proven history of helping our customers and suppliers adapt to market changes will serve us w
Conference call and webcast to follow at 9:00 a.m. PT / Noon ET Avnet (NASDAQ:AVT), a global technology solutions company, today announced it will report financial results for the third quarter fiscal year 2025 on April 30, 2025 before the market opens. Following the earnings release, Avnet's Chief Executive Officer Phil Gallagher and Chief Financial Officer Ken Jacobson will host a webcast and conference call at 9:00 a.m. PT / Noon ET to discuss the financial results and provide a corporate update. Conference Call and Webcast Details To participate in the live call, dial 877-407-8112 or 201-689-8840. The live webcast along with slides can be accessed via Avnet's Investor Relations web p
BofA Securities downgraded Avnet from Neutral to Underperform
Wells Fargo downgraded Avnet from Equal Weight to Underweight and set a new price target of $35.00 from $45.00 previously
JP Morgan initiated coverage of Avnet with a rating of Underweight and set a new price target of $46.00
The Avnet (NASDAQ:AVT) Board of Directors (BOD) voted to officially appoint Ken A. Jacobson as the Company's Chief Financial Officer (CFO) reporting to Avnet's Chief Executive Officer Phil Gallagher. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220906005185/en/New Avnet Chief Financial Officer Ken A. Jacobson (Photo: Business Wire) Jacobson, age 44, joined Avnet in 2013 as Vice President and Corporate Controller and served as Avnet's interim CFO in 2017-2018. As corporate controller, Jacobson had global leadership responsibility for the finance organizations within each of Avnet's business units, as well as management oversight
Former CFO of Micron and Lam Research Brings Extensive Experience in Operations, Finance and Technology to Velodyne Lidar's Board Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))), today announced that its Board of Directors has appointed Ernest E. Maddock to the Board, effective January 13, 2022. Mr. Maddock has been appointed as a Class III director and a member of the Board's Audit Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220117005549/en/(Photo: Business Wire) Mr. Maddock is an operations, technology and corporate finance executive with over 35 years of leadership experience, including 10 as a public company CFO. F
Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions provider, today announced that its Board of Directors approved a regular quarterly cash dividend of $0.33 per share. The dividend will be paid on June 18, 2025, to shareholders of record as of the close of business on June 4, 2025. About Avnet As a leading global technology distributor and solutions provider, Avnet has served customers' evolving needs for more than a century. Through regional and specialized businesses around the world, we support customers and suppliers at every stage of the product lifecycle. We help companies adapt to change and accelerate the design and supply stages of product development. With a unique
Third quarter sales of $5.3 billion and diluted EPS of $1.01 Adjusted diluted EPS of $0.84 Cash flow from operations of $859 million over the past four quarters Avnet, Inc. (Nasdaq: AVT) today announced results for its third quarter ended March 29, 2025. "We are pleased with our third quarter results, with revenue and earnings exceeding our expectations," said Avnet Chief Executive Officer Phil Gallagher. "Our team continues to execute well in a highly dynamic geopolitical and market environment, and I want to thank them for their persistence during this prolonged and challenging cycle. Avnet's proven history of helping our customers and suppliers adapt to market changes will serve us w
Conference call and webcast to follow at 9:00 a.m. PT / Noon ET Avnet (NASDAQ:AVT), a global technology solutions company, today announced it will report financial results for the third quarter fiscal year 2025 on April 30, 2025 before the market opens. Following the earnings release, Avnet's Chief Executive Officer Phil Gallagher and Chief Financial Officer Ken Jacobson will host a webcast and conference call at 9:00 a.m. PT / Noon ET to discuss the financial results and provide a corporate update. Conference Call and Webcast Details To participate in the live call, dial 877-407-8112 or 201-689-8840. The live webcast along with slides can be accessed via Avnet's Investor Relations web p
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10-Q - AVNET INC (0000008858) (Filer)
8-K - AVNET INC (0000008858) (Filer)
8-K - AVNET INC (0000008858) (Filer)