UPDATE: BMC Reiterates Buy on Avnet, Slashes PT to $30

By Emily Austin
Benzinga Staff Writer
August 11, 2011 7:01 AM

Symbols: AVT

Tags: BMC

Posted in: Price Target, Reiteration, Analyst Ratings

BMC reiterated its Buy rating on Avnet (NYSE: AVT). At the same time, the rating agency reduced its price target on the company's stock from $44 to $30. On Wednesday, AVT added 0.04% to its value to finish the day at $25.52. Its shares lost all of yesterday's losses in today's pre-market trading, falling 0.08% to stand around $25.50.

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UPDATE: BMC Reiterates Buy on Avnet, Slashes PT to $30

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