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Tech Data Corp (NASDAQ:TECD) stock price target increased to $104.00, issued a report today by Zacks Investment Research

Yesterday Tech Data Corp (NASDAQ:TECD) traded 0.00% even at $94.60. The company’s 50-day moving average is $89.11 and its 200-day moving average is $96.97. The last closing price is down -5.70% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time period. 358,762 shares of the stock traded hands, down from an average trading volume of 594,974

In a report released on 05/25/2017 Zacks Investment Research increased the stock price target of Tech Data Corp (NASDAQ:TECD) to $104.00 indicating a possible upside of 0.10%.

See Chart Below

Tech Data Corp (NASDAQ:TECD)

Tech Data Corp has a 52 week low of $74.07 and a 52 week high of $111.10 with a P/E ratio of 17.36 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 4 brokers have issued a report on the company. The average stock price target is $67.25 with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 5 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Tech Data Corp (NASDAQ: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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