B of A Securities Maintains Buy on IBM, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Wamsi Mohan has maintained a Buy rating on IBM and increased the price target from $200 to $220.
March 14, 2024 | 12:09 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on IBM and raised the price target from $200 to $220.
The increase in price target by B of A Securities suggests a positive outlook on IBM's future performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive up IBM's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100