Stifel Maintains Buy on IBM, Raises Price Target to $183
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst David Grossman has maintained a Buy rating on IBM and increased the price target from $144 to $183.
January 22, 2024 | 8:29 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stifel analyst David Grossman has reiterated a Buy rating on IBM and raised the price target from $144 to $183, indicating a positive outlook on the stock.
The increase in price target by Stifel suggests a strong confidence in IBM's future performance, which could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100