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A statement released earlier today by Needham about Tech Data Corp (NDAQ:TECD) raises the target price to $102.00

In a report issued 10/12/2017 Needham raised the target of Tech Data Corp (NDAQ:TECD) from $100.00 to $102.00 stating a potential upside of 0.08%.

On 10/6/2017, Pivotal Research released a statement about Tech Data Corp (NDAQ:TECD) upped the target price from $0.00 to $114.00. At the time, this indicated a possible upside of 0.24%.

Yesterday Tech Data Corp (NDAQ:TECD) traded 2.16% higher at $94.37. TECD’s 50-day average is $91.61 and its two hundred day average is $96.91. The last stock price is down -2.72% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. Trading volume was up over the average, with 637,527 shares of TECD changing hands over the typical 538,208

Performance Chart

Tech Data Corp (NDAQ:TECD)

With a total market value of $0, Tech Data Corp has PE ratio of 17.89 with a 52 week low of $74.07 and a 52 week high of $111.10 .

Also covering Tech Data Corp's target, a total of 4 firms have reported on the stock. The consensus target price is $67.25 with one analyst rating the company a strong buy, zero brokers rating the stock a buy, 5 brokers rating the stock a hold, two brokerages rating the company a underperform, and lastly zero brokers rating the stock a sell.

General Information About Tech Data Corp (NDAQ:TECD)

Tech Data Corporation is a wholesale distributor of technology products. The Company serves as a link in the technology supply chain by bringing products from the technology vendors to market, as well as providing its customers with logistics capabilities and services. It operates through the segment of distributing technology products, logistics management and other value-added services. It operates in two geographic segments: the Americas and Europe. It provides resellers training and technical support suite of electronic commerce tools customized shipping documents product configuration or integration services and access to financing programs. Its customers include value-added resellers, direct marketers, retailers and corporate resellers who support the diverse technology needs of end users. It sells its products to customers in approximately 100 countries throughout North America, South America, Europe, the Middle East and Africa.

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