Credit Suisse Reiterates Outperform on IBM, Maintains $162 Price Target
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Shannon Cross has reiterated an 'Outperform' rating on IBM (NYSE:IBM) and maintained a price target of $162.
July 11, 2023 | 11:36 am
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Credit Suisse has reiterated an 'Outperform' rating on IBM and maintained a price target of $162.
The reiteration of an 'Outperform' rating by Credit Suisse indicates a positive outlook for IBM. The maintained price target of $162 suggests that the analyst believes the stock has potential for growth. This could positively impact the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100