Raymond James Downgrades Tech Data To Market Perform

Analysts at Raymond James downgraded Tech Data Corp TECD from Outperform to Market Perform and removed the price target of $62.00. Tech Data shares have gained 7.02 percent over the past 52 weeks, while the S&P 500 index has surged 10.46 percent in the same period. Tech Data shares fell 0.06 percent to $64.45 in pre-market trading.