UPDATE: Citi Reiterates Buy on Avnet, Slashes PT to $36

Citi reiterated its Buy rating on Avnet AVT. At the same time, the rating agency reduced its price target on the company's stock from $46 to $36. On Wednesday, AVT added 0.04% to its value to finish the day at $25.52. Its shares continued to climb in today's pre-market trading, rising 0.12% to stand around $25.55.
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Posted In: Price TargetReiterationAnalyst RatingsCitiInformation TechnologyTechnology Distributors
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