TECH DATA CORP. reduced its risk exposure resulting in an upgrade to Slightly Positive
TECH DATA CORP. (US), a company active in the Computer Hardware industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 1 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date May 1, 2020, the closing price was USD 140.10 and its potential was estimated at USD 160.99.Tech Data is an information technology distribution and solutions companies. The company's customers include resellers, direct marketers, retailers, corporate resellers and managed service providers. The company groups its offerings into two primary solutions portfolios: Endpoint Solutions, which primarily includes personal computer systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software and consumer electronics; and Advanced Solutions, which primarily includes data center technologies such as storage, networking, servers, other technology software and converged and hyper-converged infrastructure.
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