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Ingram Micro assumed at Neutral from Buy at Goldman Sachs

Goldman Sachs downgraded Ingram Micro (INGM) to Neutral from Buy with a $24 price target as the analyst assumed coverage of the stock. While the firm believes that Ingram is well positioned to add-value in the increasingly complex global supply chain, revenue growth should decelerate in 2026 on tough comparisons from stronger-than-expected PC market performance in 2025, the analyst tells investors.

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