Stifel Maintains Buy on IBM, Raises Price Target to $190-Report Released on 24 January 2024
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst David Grossman has maintained a Buy rating on IBM and increased the price target from $183 to $190.
January 25, 2024 | 2:53 pm
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Stifel analyst David Grossman maintains a Buy rating on IBM and raises the price target to $190.
The increase in price target by Stifel reflects a positive outlook on IBM's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100