UPDATE: Deutsche Bank Downgrades Avnet on Fair Valuation
October 14, 2013 at 11:35 AM EDT
In a report published Monday, Deutsche Bank analyst Sherri Scribner downgraded the rating on Avnet (NYSE: AVT ) from Hold to Buy, but reiterated the $42.00 price target. In the report, Deutsche Bank noted, “We have downgraded both ARW and AVT to Hold from Buy, as we believe the stocks