Avnet

Shares of Avnet, Inc. (NYSE: AVT) were trading higher by nearly 2 percent on Wednesday after the company announced a new collaboration with International Business Machines Corp. (NYSE: IBM). Avnet stated it will work with IBM to "increase the development and deployment of Internet of...

In a report published by Stifel Nicolaus, Avnet (NYSE: AVT) is being upgrade from Hold to Buy. Stifel Nicolaus said that it is upgrading its investment rating on shares of Avnet to Buy from Hold, as it believes the distributors earnings power over the next year or two should be sustainable due to...

Brean Murray Carret is out with its report on Avnet (NYSE: AVT), maintaining Buy. In a note to clients, BMC writes, "Dec Q EPS was $1.07 vs. Street estimate of $1.04, with the Mar Q guide of $0.93-$1.01 vs. Street of $0.94. Dec Q demand remains very solid in both components (EM-Electronics...

Avnet, Inc. (NYSE: AVT) had a solid September Q and December Q guide materially above the Street estimates, Brean Murray, Carret & Co. reports. “Sep Q EPS was $0.93 vs. Street estimate of $0.81, with Dec Q guide of $0.99-$1.07 vs. Street estimate of $0.92,” Brean Murray, Carret & Co. writes...

In Citigroup's 2010 Supply Chain Playbook and 3Q Preview, the company said that it does not expect any of the listed companies – which includes Tyco Electronics Ltd. (NYSE: TEL) and Flextronics International Ltd. (NASDAQ: FLEX) – to miss their EPS expectations. Citigroup does, however, expect two...

CLSA analysts Steven Fox and Elizabeth Barnum reiterated their Buy rating and $36 price target for shares of Avnet, Inc. (NYSE: AVT). CLSA hosted the AsiaUSA Forum in San Francisco, which Avnet's CEO Roy Vallee and Vince Keenan, VP of IR, attended. The CLSA analysts said of the meetings, "our sense...