RBC Capital Initiates Coverage On IBM with Outperform Rating, Announces Price Target of $188
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Amit Daryanani has initiated coverage on IBM with an Outperform rating and a price target of $188.
September 20, 2023 | 10:14 am
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IBM has been given an Outperform rating and a price target of $188 by RBC Capital.
The Outperform rating from RBC Capital indicates that they expect IBM's stock to do better than the market average. This could lead to increased investor interest and potentially a rise in the stock price. The price target of $188 suggests that RBC Capital sees significant upside potential in IBM's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100