MarketBeat Analyst action
Ingram Micro (NYSE:INGM) Stock Rating Lowered by Wall Street Zen
Wall Street Zen has downgraded Ingram Micro (NYSE:INGM) from a "strong buy" to a "buy" rating, although the broader analyst consensus remains a "Moderate Buy" with an average price target of $31.00. The company recently reported strong quarterly earnings, beating revenue and EPS estimates. Insiders, including major shareholder Platinum Equity, have sold a significant number of shares, totaling …