Where IBM Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, IBM (NYSE:IBM) has received 2 bullish, 3 somewhat bullish, and 6 indifferent analyst ratings. The average 12-month price target for IBM over the last 3 months is $152.09, an increase of 4.48% from the previous average of $145.57.
September 20, 2023 | 1:00 pm
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POSITIVE IMPACT
IBM has received a mix of bullish and indifferent analyst ratings, with an increased 12-month price target. This could potentially influence investor sentiment and the stock's price.
Analyst ratings can significantly influence investor sentiment and stock prices. The increase in IBM's 12-month price target suggests a positive outlook, which could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100