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Analysts Offer Insights on Technology Companies: TD SYNNEX Corporation (SNX), Arrow Electronics (ARW) and CoreWeave (CRWV)

Tipranks - Tipranks - Fri Jul 3, 4:06AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on TD SYNNEX Corporation (SNX), Arrow Electronics (ARW) and CoreWeave (CRWV).

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TD SYNNEX Corporation (SNX)

Barclays analyst Guy Hardwick maintained a Hold rating on TD SYNNEX Corporation today and set a price target of $278.00. The company’s shares closed last Wednesday at $261.35.

According to TipRanks.com, Hardwick is a 4-star analyst with an average return of 8.9% and a 58.3% success rate. Hardwick covers the Technology sector, focusing on stocks such as Teledyne Technologies, Manhattan Associates, and TE Connectivity. ;'>

TD SYNNEX Corporation has an analyst consensus of Strong Buy, with a price target consensus of $329.75, a 25.4% upside from current levels. In a report issued on June 17, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $309.00 price target.

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Arrow Electronics (ARW)

In a report released yesterday, Ruplu Bhattacharya from Bank of America Securities reiterated a Hold rating on Arrow Electronics, with a price target of $233.00. The company’s shares closed last Wednesday at $209.61.

According to TipRanks.com, Bhattacharya is a 4-star analyst with an average return of 9.8% and a 58.6% success rate. Bhattacharya covers the Technology sector, focusing on stocks such as Vishay Intertechnology, TD SYNNEX Corporation, and Sanmina-Sci. ;'>

Currently, the analyst consensus on Arrow Electronics is a Hold with an average price target of $219.50.

CoreWeave (CRWV)

Wells Fargo analyst Michael Turrin maintained a Buy rating on CoreWeave yesterday and set a price target of $155.00. The company’s shares closed last Wednesday at $85.69.

According to TipRanks.com, Turrin has 0 stars on 0-5 stars ranking scale with an average return of -4.5% and a 40.4% success rate. Turrin covers the Technology sector, focusing on stocks such as Via Transportation, Inc. Class A, ServiceTitan, Inc. Class A, and CrowdStrike Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CoreWeave with a $132.35 average price target, which is a 48.9% upside from current levels. In a report issued on June 24, Rosenblatt Securities also initiated coverage with a Buy rating on the stock.

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