ingram micro

Ingram Micro Inc. (NYSE: IM) announced on Wednesday that it has agreed to be acquired by Tianjin Tianhai for $38.90 per share in an all-cash transaction which values the company at around $6 billion. Shares of Ingram Micro surged higher by more than 22 percent on Thursday and hit a new 52-week...

According to Sterne Agee, Ingram Micro (NYSE: IM) is upgraded to Buy. Sterne Agee said that it is upgrading its rating on IM to Buy from Neutral for three key reasons and raising the price target to $24 (from $22) based on what it believes is a reasonable 10x multiple on the CY12 EPS of $2.40. “We...

Sterne Agee has upgraded Ingram Micro (NYSE: IM) from Neutral to buy and has raised the price target from $22 to $24.

Goldman Sachs reduced its PT on Ingram Micro (NYSE: IM) to $20 from $23 and its rating was downgraded from Buy to Neutral. Marathon Oil Corp. (NYSE: MRO) had its price target increased to $72.00 from $68.00; Buy rating. Goldman initiated coverage on Motorola Solutions (NYSE: MSI) with a price...

Goldman Sachs is out with its report today on Ingram Micro (NYSE: IM), downgrading IM from Buy to Neutral. In a note to clients, Goldman Sachs writes, "We downgrade IM to Neutral from Buy. When we removed IM from the CL on 4/28 due to the company's ERP setback, we maintained our Buy due to solid...

Goldman Sachs has downgraded Ingram Micro (NYSE: IM) from Buy to Neutral and has lowered the price target from $23 to $20.

Goldman Sachs is out with its report today on Ingram Micro (NYSE: IM), maintaining Buy. In a note to clients, Goldman Sachs writes, "There is no change to our Buy rating on Ingram, although we think the stock could be range bound in the near term until visibility around the ERP implementation...

Stifel Nicolaus is out with its report today on Ingram Micro (NYSE: IM), maintaining Hold. In a note to clients, Stifel Nicolaus writes, "There could be additional risk with the ERP rollout as Ingram begins to move it into larger markets in Europe and North America next year, though we would...

BMC is out with its report today on Ingram Micro (NYSE: IM), downgrading shares of IM from Buy to Hold. In a note to clients, BMC writes, "Stepping to neutral while newly introduced revenue and (surprising) GM headwinds flush through next couple Q''s. As Ingram suggested gross margin headwinds...

Sterne Agee is out with its report today on Ingram Micro (NYSE: IM), initiating IM at Neutral. In a note to clients, Sterne Agee writes, "We are initiating coverage of IM with a NEUTRAL rating and a 12-month price target of $22. Ingram Micro is the world's largest technology distributor and...

Sterne Agee has initiated coverage on the following companies: Cisco Systems (NASDAQ: CSCO) Buy, $29 PT Hewlett Packard Company (NYSE: HPQ) Buy, $56 PT Ingram Micro (NYSE: IM) Neutral, $22 PT SYNNEX Corporation (NYSE: SNX) Neutral, $35 PT

Goldman Sachs has published a research report on Ingram Micro (NYSE: IM) after hearing from CFO Bill Humes and Ria Carlson in Communications. In the report, Goldman writes "Ingram continues to see solid demand in the seasonally strong December quarter, where we have modeled for 13% qoq and 8.6% yoy...