Research analysts at Raymond James lifted their target price on shares of Ingram Micro (NYSE:IM) from $30.00 to $33.00 in a report released on Friday, Analyst Ratings News reports. Raymond James’ price objective indicates a potential upside of 15.67% from the company’s current price. Ingram Micro Inc. (NYSE:IM) shares after opening at $28.69 moved to $29.17 on last trade day and at the end of the day closed at $28.79. Company price to sales ratio in past twelve months was calculated as 0.10 and price to cash ratio as 6.11. Ingram Micro Inc. (NYSE:IM) showed a negative weekly performance of -0.72%.
United Stationers (NASDAQ:USTR) announced that Kenneth M. Nickel, 48, vice president, controller and chief accounting officer, has decided to leave the company. He has agreed to remain with the company to assist in the transition to his successor. Nickel joined United in 1986 and has held increasingly responsible accounting positions throughout his tenure. United Stationers Inc. (NASDAQ:USTR) shares advanced 0.08% in last trading session and ended the day on $39.93. USTR return on equity ratio is recorded as 15.70% and its return on assets is 6.00%. United Stationers Inc. (NASDAQ:USTR) yearly performance is 3.45%.
Tech Data Corporation (Nasdaq:TECD) announced that it received two Cisco(R) Partner Summit awards for Global Distributor of the Year and U.S. Distributor of the Year. The awards were presented at the 2014 Cisco Partner Summit held this week at the Venetian Resort Hotel Casino in Las Vegas, Nev. Tech Data was recognized by Cisco for its channel innovations, unique enablement programs, business performance and profitable growth. Tech Data Corp (NASDAQ:TECD) shares moved up 3.03% in last trading session and was closed at $59.11, while trading in range of $57.56-$59.56. Tech Data Corp (NASDAQ:TECD) year to date performance is 14.55%.
Shrewsbury-based Wayside Technology Group, Inc. (NASDAQ:WSTG) has announced the appointment of Bill Botti as the company’s next executive president, effective of April 21, 2014. Botti comes into the helm with 30 years of experience having worked in different companies under different capacities. Wayside Technology Group, Inc. (NASDAQ:WSTG) weekly performance is 25.94%. On last trading day company shares ended up $19.76. Wayside Technology Group, Inc. (NASDAQ:WSTG) distance from 50-day simple moving average is 32.45%. Analysts mean target price for the company is $25.00.
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