Raymond James Upgrades Ingram Micro (IM) to Outperform
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July 25, 2013 11:43 AM EDT
Needham & Company boosted its price target on Ingram Micro (NYSE: IM) from $22 to $24 following "strong" Q3 earnings.
Analyst Richard Kugele comments, "Ingram delivered another strong performance this quarter, posting non-GAAP EPS well above our and Street estimates despite continued price aggression... More
July 24, 2013 4:39 PM EDT
Ingram Micro Inc. (NYSE: IM) reported Q2 EPS of $0.55, $0.09 better than the analyst estimate of $0.46. Revenue for the quarter came in at $10.3 billion versus the consensus estimate of $10.44 billion.
"I am pleased with our performance in the second quarter, as we executed well against our key objectives for the year, resulting in significant improvements across several important financial... More
