RBC Capital Upgrades TD Synnex to Outperform on Expected Margin Expansion in FY25

Monday, 15 July 2024, 12:52
RBC Capital Markets recently upgraded TD Synnex to 'outperform' from 'sector perform,' highlighting the potential margin expansion anticipated in FY25. The decision is supported by a revised price target, signaling confidence in the company's future performance. This upgrade underscores the positive outlook for TD Synnex in the coming fiscal year, reflecting the firm's strategic positioning and growth prospects in the IT services sector.
Seeking Alpha
RBC Capital Upgrades TD Synnex to Outperform on Expected Margin Expansion in FY25

TD Synnex: RBC Capital Margin Expansion Upgrade

RBC Capital Markets upgraded TD Synnex to 'outperform' from 'sector perform,' foreseeing margin expansion in FY25. The revised price target reflects optimism in the company's future performance.

Positive Outlook for TD Synnex in IT Services Sector

The upgraded rating signifies confidence in TD Synnex's growth prospects and strategic positioning in the IT services industry.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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