The analyst fair value estimate for Ingram Micro Holding has shifted from US$25.42 to US$31.85, reflecting a higher price target due to research on enterprise server demand and AI-related infrastructure needs. Several firms, including Morgan Stanley, JPMorgan, Goldman Sachs, Evercore ISI, RBC Capital and Truist, have raised price targets. Morgan Stanley lifted its target to US$33, highlighting inelastic enterprise server demand, while JPMorgan upgraded Ingram Micro to Neutral from Underweight with a US$27 target. Morgan Stanley kept an Equal Weight rating, signaling a balanced view. Ingram Micro Holding has been selected as one of two global distributors for HPE, gaining access to HPE's full networking, cloud, and AI portfolio. The company completed a follow on equity offering of about US$300.0m, issuing 12,740,384 common shares at US$23.54717, following an earlier filing for a US$330.0m offering. Multiple banks, including BofA Securities, Deutsche Bank Securities, Jefferies, Mizuho Securities Asia, Fifth Third Securities, RBC Capital Markets, and International Strategy & Investment Group, were added as co lead underwriters.