Barrington raised the firm’s price target on Insight Enterprises to $184 from $168 and keeps an Outperform rating on the shares after Insight recently announced the acquisition of SADA, a provider of digital transformation solutions for Google Cloud, which the firm sees enabling the company to better serve clients as a multi-cloud solutions integrator. The firm is increasing its 2023 and 2024 non-GAAP EPS forecasts to $9.75 and $11.35, respectively, citing the accretive impact of the SADA acquisition.
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