TECD - Tech Data Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : TECD - Tech Data

TECD 144.90

0.0%

Jun 30 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kenyshoe who wrote (434)	2/5/1999 11:11:00 AM
From: Syl98	of 584

Friday February 5, 10:31 am Eastern Time RESEARCH ALERT-CHS, Ingram, Tech Data started NEW YORK, Feb 5 (Reuters) - Credit Suisse First Boston on Friday said analyst Joel Pitt initiated coverage of computer peripheral sellers CHS Electronics Inc. (NYSE:HS - news), Ingram Micro Inc. (NYSE:IM - news) and Tech Data Corp. (Nasdaq:TECD - news), all with buy ratings. -- Pitt said that despite challenge of direct PC sales and Internet, revenues from the distributor channel are projected to grow faster than personal computer/information technology (PC/IT) market as a whole. -- he set a $42 a share price target for Ingram Micro. -- set a $30 target for Tech Data, and notes that current low price creates a buying opportunity. -- aggressive pricing will drive top line growth strengthening long run position. -- set a $28 target on CHS Electronics. -- Tech Data rose 11/16 to 22-13/16 on Friday morning. -- Ingram rose one to 29-1/4. -- CHS rose 7/16 to 13-9/16.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next