Raymond James Upgrades Ingram Micro (IM) to Outperform

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Needham & Company Lifts PT on Ingram Micro (IM) to $24

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

Ingram Micro Inc. (IM) Tops Q2 EPS by 9c, Sees Q3 Flat to Up Slightly vs Q2

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