BMO Capital Maintains Market Perform on IBM, Raises Price Target to $152
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Keith Bachman maintains a 'Market Perform' rating on IBM (NYSE:IBM) and raises the price target from $150 to $152.
July 20, 2023 | 12:01 pm
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BMO Capital maintains a 'Market Perform' rating on IBM and raises the price target from $150 to $152.
The news is directly about IBM. BMO Capital's decision to maintain a 'Market Perform' rating indicates a neutral outlook for the company. However, the slight increase in the price target could suggest a slightly positive sentiment, but it's not significant enough to predict a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100