Avnet (AVT) Shares Given New $40.00 Price Target by Analyst at Citigroup (C)
Equities research analysts at Citigroup (NYSE: C) increased their price target on shares of Avnet (NYSE: AVT) to .00 in a research note issued to investors on Friday.
Separately, analysts at Longbow Research raised their price target on shares of Avnet from .00 to .00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Analysts at Brean Murray raised their price target on shares of Avnet from .00 to .00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Also, analysts at Collins Stewart raised their price target on shares of Avnet from .00 to .00 in a research note to investors on Friday. They now have a “neutral” rating on the stock.
Avnet, Inc. (Avnet), along with its subsidiaries, is an industrial distributor of electronic components, enterprise computer and storage products and embedded subsystems. It distributes electronic components, computer products and software as received from its suppliers or with assembly or other value added by Avnet. It also provides engineering design, materials management and logistics services, system integration and configuration, and supply chain services that can be customized to meet the requirements of both customers and suppliers. It has two primary operating groups: Electronics Marketing, which markets and sells semiconductors and interconnect, passive and electromechanical devices and embedded products for more than 300 electronic component manufacturers; and Technology Solutions, which markets and sells mid- to high-end servers, data storage, software and the services required to implement these products and solutions to the value-added reseller channel.
Avnet traded up 3.36% on Friday, hitting .73. Avnet has a 1-year low of .69 and a 1-year high of .00. The stock has a 50-day moving average of .36 and a 200-day moving average of .00. The company has a market cap of .153 billion and a price-to-earnings ratio of 7.74.
This article (Avnet (AVT) Shares Given New .00 Price Target by Analyst at Citigroup (C)) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.




