Fly News Breaks for February 27, 2015
IM
Feb 27, 2015 | 07:17 EDT
Brean Capital said they would be buyers on any pullback in Ingram Micro as the firm's structural thesis remains intact. The firm cited the stock's attractive valuation, as well as the company's continued cultivation of higher growth offerings and cost rationalization in Europe. Brean Capital reiterated its Buy rating and lowered its price target to $36 from $40 on Ingram Micro shares.
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