tiprankstipranks
Trending News
More News >

Ingram Micro price target raised to $21 from $20 at JPMorgan

JPMorgan raised the firm’s price target on Ingram Micro (INGM) to $21 from $20 and keeps a Neutral rating on the shares. While investors remain concerned about digestion following the pull-forward, the stronger Q1 report and “robust” Q2 is securing full-year estimates and limiting the magnitude of downside to expectations, the analyst tells investors in a research note.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue