JP Morgan initiated coverage on TD Synnex with a new price target
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JP Morgan initiated coverage of TD Synnex with a rating of Overweight and set a new price target of $119.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/20/2025 | $138.00 → $156.00 | Outperform | Barrington Research |
| 7/15/2024 | $135.00 → $140.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 4/16/2024 | $115.00 → $145.00 | Neutral → Buy | UBS |
| 1/8/2024 | $112.00 → $113.00 | Overweight → Neutral | JP Morgan |
| 11/22/2023 | $105.00 | Neutral | UBS |
| 5/1/2023 | $101.00 | Buy | Goldman |
| 2/15/2023 | $109.00 | Equal Weight | Barclays |
| 10/4/2022 | $95.00 | Sector Perform | RBC Capital Mkts |
Enhancements redefine how partners navigate AI opportunities and investments TD SYNNEX (NYSE:SNX), a leading global distributor and solutions aggregator, today announced the next evolution of its global, industry-leading Destination AI™ program designed to modernize partners' go-to-market strategies and capitalize on the growing demand for AI-enabled solutions. As AI matures, the market is increasingly focusing on integrated, AI-enabled technologies across security, networking, storage, cloud and more. This evolution requires a holistic approach to AI go-to-market strategies, emphasizing the importance of AI-ready infrastructure, hardware and other high-growth technologies. To navigate th
TD SYNNEX (NYSE:SNX) today announced the launch of a new Partner Loyalty program in North America, an initiative designed to boost and reward partner ecosystem engagement and incentivize sustained growth by connecting partners with specialized resources, sales support and skills-building opportunities. It is now available at no additional fee to eligible partners prioritizing growth and leveraging TD SYNNEX's Advanced Solutions portfolio, consisting of AI, modern infrastructure, security, cloud and analytics solutions, and will expand to other partner types later this year. According to TD SYNNEX's Third Annual Direction of Technology report, over half of partners identified expanding thei
PartnerLINK communities to offer increased benefits, customization for partner experience TD SYNNEX (NYSE:SNX) today announced a new specialized and innovative structure for its partner communities in North America that will strengthen, empower and boost partner growth through intentional connection. As the market has evolved, partner needs have changed rapidly and the new tailored approach meets partners where they are at, providing customized benefits and support based on partners' individual needs and goals. PartnerLINK aligns members to one of the newly established communities based on their areas of specialization or geographic focus, fostering stronger peer-to-peer relationships. Th
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SCHEDULE 13G/A - TD SYNNEX CORP (0001177394) (Subject)
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Seasoned SaaS and Artificial Intelligence (AI) veteran joins Siteimprove to drive the next phase ofinnovation and growth BELLEVUE, Wash. and COPENHAGEN, Denmark, March 4, 2025 /PRNewswire/ -- Siteimprove, the leading AI-powered SaaS-platform for delivering digital content experiences that are compliant and accessible, today announced that Nayaki Nayyar has been appointed Chief Executive Officer (CEO) and Board Member. Nayyar is a seasoned executive with over 25 years of deep industry experience in driving transformation, innovation and growth at large enterprise software comp
TD SYNNEX (NYSE:SNX), a leading global distributor and solutions aggregator for the IT ecosystem, today announced the appointment of Kristie Grinnell as Executive Vice President and Chief Information Officer, effective January 20, 2025. She succeeds Bonnie Smith, who will be retiring from her role as TD SYNNEX CIO and will stay with the company until February 1 to ensure a smooth transition. "Kristie brings a wealth of experience and a proven track record of transformational leadership that will strengthen how we harness the power of data and digital to deliver personalized, targeted customer engagement and operational excellence," said Patrick Zammit, CEO, TD SYNNEX. "We thank Bonnie for
Raja Appointed Senior Vice President of Hyperscaler and Marketplace in North America TD SYNNEX (NYSE:SNX) announced today the appointment of industry veteran Tanuj Raja as Senior Vice President, North America Hyperscaler and Marketplace. Raja joins TD SYNNEX from Google and brings a wealth of expertise in marketplace strategies, digital transformation, and Telecom and Edge ecosystems. "We are thrilled to welcome Tanuj to TD SYNNEX and to help our partners capitalize on digital opportunities in new ways," said Reyna Thompson, Incoming North America President at TD SYNNEX. "At TD SYNNEX, we empower our partners to scale across diverse customer segments by providing comprehensive enablement
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SC 13G/A - TD SYNNEX CORP (0001177394) (Subject)
SC 13G/A - TD SYNNEX CORP (0001177394) (Subject)
Barrington Research reiterated coverage of TD Synnex with a rating of Outperform and set a new price target of $156.00 from $138.00 previously
RBC Capital Mkts upgraded TD Synnex from Sector Perform to Outperform and set a new price target of $140.00 from $135.00 previously
UBS upgraded TD Synnex from Neutral to Buy and set a new price target of $145.00 from $115.00 previously
TD SYNNEX (NYSE:SNX) is hosting its 2025 Investor Day today to provide an update on its strategy, market opportunities, and medium-term financial aspirations. A live video webcast will be available at ir.tdsynnex.com beginning at 8:30 a.m. Eastern time. Patrick Zammit, CEO, and other members of the executive leadership team will outline the company's strategy to strengthen its market position and grow its presence in IT distribution through core and strategic technologies. "TD SYNNEX delivers unmatched capabilities and value to our vendors, customers, and shareholders. Our global footprint, broad technology capabilities, unique long-term relationships with vendors and partners, specialize
Revenue of $14.5 billion, an increase of 4.0% from the prior fiscal first quarter. On a constant currency(1) basis, revenue increased by 6.0% compared to the prior fiscal first quarter. Non-GAAP gross billings(1) of $20.7 billion, an increase of 7.5% from the prior fiscal first quarter and at the top end of our outlook. On a constant currency(1) basis, non-GAAP gross billings(1) increased by 9.5% compared to the prior fiscal first quarter. Diluted earnings per share ("EPS") of $1.98 and non-GAAP diluted EPS(1) of $2.80, within our outlook. Returned $138 million to stockholders in the form of $101 million of share repurchases and $37 million in dividends. Announced a quarterly cash
TD SYNNEX (NYSE:SNX) today announced it will report its financial results for the first quarter of fiscal 2025 before the U.S. market opens on Thursday, March 27, 2025. A conference call to review the results will be held at 6:00 a.m. PT / 9:00 a.m. ET the same day. The quarterly earnings press release and a live audio webcast of the earnings call will be accessible at https://ir.tdsynnex.com/ir-home/default.aspx and a replay of the webcast will be available following the call. About TD SYNNEX TD SYNNEX (NYSE:SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We are an innovative partner helping more than 150,000 customers in 100+ countries to maximize th