UPDATE: Citi Upgrades Synnex
January 15, 2014 at 10:59 AM EST
In a report published Wednesday, Citi analyst Jim Suva upgrades Synnex (NYSE: SNX ) to Buy from Neutral, raises target price to $72.00 from $64.00. According to the report, the upgrade represents ~22 percent upside. The analyst's target price is based on a P/E of 11x (unchanged) but their EPS
