Rating:
Buy AVT
56.88 %
Avnet, Inc. (AVT) rated Buy with price target $44 by UBS
Posted on: Friday, Apr 27, 2012 11:25 AM ET by UBS
UBS rated Buy Avnet, Inc. (NYSE: AVT) on 04/27/2012. Previously UBS rated Buy Avnet, Inc. (NYSE: AVT) on 10/23/2009., when
the stock price was $26.74. Since then, Avnet, Inc. has gained 56.88% as of 01/13/2016's recent price of $41.95. If you would have followed the previous UBS's recommendation on AVT, you would have gained 56.88% of your investment in 2273 days.
Avnet Inc. is one of the world's largest industrial distributors of electronic components and computer products. The company is a vital link in the chain that connects suppliers of semiconductors, interconnect products, passive and electromechanical devices to original equipment manufacturers and contract manufacturers that design and build the electronic equipment for end-market use, and to other industrial customers. The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its one lakhs customers, accelerating their growth through cost-effective, value-added services and solutions.
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