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.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INGM:
- RBC Capital prefers TD Synnex as part of IT Distribution 2026 Outlook
- Ingram Micro price target lowered to $21 from $23 at Morgan Stanley
- Ingram Micro downgraded to Underweight from Neutral at JPMorgan
