RBC Capital Reiterates Outperform on IBM, Maintains $200 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Swanson has reiterated an Outperform rating on IBM and maintained a $200 price target.
May 22, 2024 | 2:14 pm
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POSITIVE IMPACT
RBC Capital analyst Matthew Swanson has reiterated an Outperform rating on IBM and maintained a $200 price target. This positive analyst rating could boost investor confidence in the short term.
The reiteration of an Outperform rating and a $200 price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100