Jefferies Maintains Hold on IBM, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Brent Thill maintains a Hold rating on IBM and raises the price target from $190 to $200.
July 25, 2024 | 4:07 pm
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Jefferies analyst Brent Thill maintains a Hold rating on IBM and raises the price target from $190 to $200.
The raised price target from $190 to $200 by Jefferies indicates a positive outlook on IBM's stock, which could lead to a short-term price increase. However, the Hold rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100