Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for TD SYNNEX Corporation (NYSE: SNX) weakened during the last several trading days. SNX’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
TD SYNNEX Corporation (NYSE: SNX) stock closed at $134.01 on 1/10/25 after a very large increase of 9.8%. Moreover, trading volume in this advance was exceptionally high at 243% of normal. The stock has risen 14.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
TD SYNNEX has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. TD SYNNEX has a good Appreciation Score of 73 but a neutral Power Rating of 49, leading to the High Neutral Value Trend Rating.
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