Ingram Micro price target raised to $30 from $25 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Ingram Micro (INGM) to $30 from $25 and keeps a Neutral rating on the shares. Shares have surged 45% since early March, driven mainly by valuation multiple expansion amid strong near-term IT demand, with the firm expecting solid Q1 results supported by higher pricing and some demand pull-forward, though there is caution about a potential slowdown in enterprise IT spending in late 2026 and 2027 as the extent of that pull-forward becomes clearer, the analyst tells investors in a research note.