Barrington Raises its Price Target on TD SYNNEX (SNX) to $202

TD SYNNEX Corporation (NYSE:SNX) is one of the 10 Best Stocks That Beat Earnings Estimates. On April 1, 2026, Barrington raised the price target on TD SYNNEX Corporation (NYSE:SNX) to $202 from $182 and maintained an Outperform rating, citing a โ€œstrong quarter on broad strengthโ€ and lifting its fiscal 2026 and 2027 earnings estimates following…


Barrington Raises its Price Target on TD SYNNEX (SNX) to 2

TD SYNNEX Corporation (NYSE:SNX) is one of the 10 Best Stocks That Beat Earnings Estimates. On April 1, 2026, Barrington raised the price target on TD SYNNEX Corporation (NYSE:SNX) to $202 from $182 and maintained an Outperform rating, citing a โ€œstrong quarter on broad strengthโ€ and lifting its fiscal 2026 and 2027 earnings estimates following the Q1 report.

Similarly, BofA raised its price target on TD SYNNEX Corporation (NYSE:SNX) to $200 from $180 and maintained a Buy rating after what it described as a โ€œstrong beatโ€ in Q1 and guidance that came in above Street expectations for Q2. The firm said it remains โ€œcautiously optimisticโ€ on the second half, while acknowledging risks from pricing pressure, macro conditions, and geopolitics.

On March 31, 2026, TD SYNNEX Corporation (NYSE:SNX) reported Q1 non-GAAP EPS of $4.73, well above the $3.31 consensus estimate, with revenue of $17.2B compared to the $15.65B consensus. CEO Patrick Zammit said the company delivered record gross billings and earnings, supported by strength across both its distribution and Hyve businesses.

Barrington Raises its Price Target on TD SYNNEX (SNX) to $202
Barrington Raises its Price Target on TD SYNNEX (SNX) to $202

The company guided Q2 non-GAAP EPS to $3.75-$4.25 versus $3.45 consensus and revenue to $16.1B-$16.9B versus $15.84B consensus, with non-GAAP gross billings expected at $24.6B-$25.6B.

TD SYNNEX Corporation (NYSE:SNX) provides IT distribution and solutions services globally.

While we acknowledge the potential of SNX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on theย best short-term AI stock.

READ NEXT:ย 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.ย 

Disclosure: None. Follow Insider Monkey on Google News.

Source link