UPDATE: Bank of America Reiterates Buy on Avnet, New PT at $32

Bank of America reiterated its Buy rating on Avnet 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 stand around $25.50.