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Ingram Micro price target raised to $27 from $26 at BofA

BofA raised the firm’s price target on Ingram Micro (INGM) to $27 from $26 and keeps a Buy rating on the shares following Q4 results above guidance. BofA noted continuing strength in client/endpoint solutions, and advanced solutions, and strength in cloud. The firm added that in Q1, Ingram is starting to see price increases kick in.

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