Technology Distributors

Astute Networks, today announced it has signed a strategic distribution agreement with Tech Data Corporation (Nasdaq: TECD) to extend access of its ViSX G3™ solution to businesses across the U.S. ViSX G3 is a turnkey solution for VMware infrastructure that accelerates server and desktop...

Shares of Avnet (NYSE: AVT) are higher on the session by 1.84%, currently trading at $28.23. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the August...

Brightpoint, Inc. (Nasdaq: CELL) today announced that its subsidiary, Brightpoint Australia Pty Limited has entered into a distribution agreement with Belkin Limited. Under the terms of the agreement, Brightpoint will distribute Belkin's wide range of mobile accessories, including certified "Made...

Shares of Avnet (NYSE: AVT) are higher on the session by 0.61%, currently trading at $27.77. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the August...

According to Brean Murray Carret & Co, Avnet (NYSE: AVT), PT has been reduced to $30 from $44 and FY11 EPS estimates increased from $4.21 to $4.32. Rating is set to Buy. Avnet closed yesterday at $25.52.

Citi reiterated its Buy rating on Avnet (NYSE: 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...

Goldman Sachs has slightly lowered its price target on Avnet (NYSE: AVT) from $28.50 to $27.50 following the company's strong June quarter. According to Goldman Sachs, “Avnet's June quarter was relatively in line with Street estimates, while September quarter guidance was $200 mn light on sales...

Brean Murray Carret & Company has lowered the price target on Avnet (NYSE: AVT) from $44 to $30 and maintains its Buy rating.

BMC reiterated its Buy rating on Avnet (NYSE: AVT). At the same time, the rating agency reduced its price target on the company's stock from $44 to $30. On Wednesday, AVT added 0.04% to its value to finish the day at $25.52. Its shares lost all of yesterday's losses in today's pre-market trading,...

Bank of America reiterated its Buy rating on Avnet (NYSE: AVT). At the same time, the rating agency has a new price target set at $32. On Wednesday, AVT added 0.04% to its value to finish the day at $25.52. Its shares lost all of yesterday's losses in today's pre-market trading, falling 0.08% to...

Citigroup has lowered the price target on Avnet (NYSE: AVT) from $46 to $36 and maintains its Buy rating.

Bank of America has lowered the price objective on Avnet (NYSE: AVT) from $37 to $32 and maintains its Buy rating.

Macy's Inc (NYSE: M) reported upbeat second-quarter profit and lifted its full-year profit forecast. Macy's reported its quarterly profit at $241 million, or $0.55 per share, up from $147 million, or $0.35 per share, in the year-ago period. Its sales climbed 7.3% to $5.94 billion. However, analysts...

Avnet Inc (NYSE: AVT) reported upbeat fiscal fourth quarter profit, but issued weak Q1 projections. Avnet reported its Q4 net income at $238.8 million, or $1.54 per share. Its adjusted earnings came in at $1.22 per share. Avnet's sales surged 32.6% y/y to $6.91 billion. However, analysts were...

Stifel Nicolaus has upgraded the following companies: Newmont Mining (NYSE: NEM) from Hold to Buy, $76 PT Ralcorp Holdings (NYSE: RAH) from Hold to Buy, $84 PT SYNNEX (NYSE: SNX) from Hold to Buy, $32 PT