Ingram Micro Holding Corp. (INGM) saw its stock price surge 5.39% in pre-market trading on Tuesday, driven by a series of positive analyst actions.

The rally follows reports that Morgan Stanley raised its price target on the stock to $23 from $21, while maintaining an Equalweight rating. Separately, RBC Capital reiterated its Buy rating on the company. According to analyst polls, Ingram Micro holds an average rating of overweight with a mean price target of $25.42.

These analyst updates reflect ongoing optimism regarding the company's financial performance and future prospects, contributing to the significant pre-market gain.