Stifel Maintains Buy on IBM, Raises Price Target to $144
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst David Grossman maintains a 'Buy' rating on IBM and raises the price target from $140 to $144.
July 20, 2023 | 2:38 pm
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POSITIVE IMPACT
Stifel analyst David Grossman maintains a 'Buy' rating on IBM and raises the price target from $140 to $144. This could potentially lead to an increase in IBM's stock price.
The raised price target by Stifel indicates a positive outlook for IBM. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, an increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100