Ingram Micro To Release Third Quarter 2015 Results On October 29
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Needham & Company Raises Price target on Ingram Micro (IM) Following Announced Plans to Acquire Docdata
October 15, 2015 8:10 AM EDTNeedham & Company reiterated a Buy rating on Ingram Micro (NYSE: IM), and raised the price target to $35.00 (from $30.00), following announced plans to acquire Docdata. In terms of financial impacts, Docdata is expected to add about $150M in annual services revenue from its largely... More
Needham & Company Lifts PT on Ingram Micro (IM) to $35 Amid Docdata Deal
October 15, 2015 7:19 AM EDTNeedham & Company boosts its price target on Buy-rated Ingram Micro (NYSE: IM) from $30 to $35 following the company's acquisition of Docdata.
Analyst Richard Kugele noted the following:
In terms of financial impacts, Docdata is expected to add about $150M in annual services revenue from its largely fashion/apparel retail... More