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Insight Enterprises downgraded to Hold from Buy at Stifel
The Fly

Insight Enterprises downgraded to Hold from Buy at Stifel

Stifel analyst Matthew Sheerin downgraded Insight Enterprises to Hold from Buy with an unchanged price target of $150. The analyst cites valuation for the downgrade with the shares up 42% year-to-date. Insight is now more fairly valued, particularly given continued uncertainty on IT spending, the analyst tells investors in a research note.

Published first on TheFly

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