IBM shares are trading higher after Goldman Sachs initiated coverage with a Buy rating and announced a price target of $200.
Portfolio Pulse from Benzinga Newsdesk
IBM shares are trading higher after Goldman Sachs initiated coverage with a Buy rating and announced a price target of $200.
June 24, 2024 | 2:24 pm
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POSITIVE IMPACT
IBM shares are trading higher following a Buy rating and a $200 price target from Goldman Sachs.
Goldman Sachs' initiation of coverage with a Buy rating and a high price target of $200 is a strong positive signal for investors, likely driving short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100