RBC Capital Maintains Outperform on IBM, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Swanson has maintained an Outperform rating on IBM and increased the price target from $179 to $200.
January 25, 2024 | 4:30 pm
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RBC Capital analyst reaffirms Outperform rating on IBM and raises price target to $200, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a bullish view on IBM's future performance. This could lead to increased investor confidence and a potential short-term rise in IBM's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100