Evercore ISI Group Maintains Outperform on IBM, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Amit Daryanani maintains an Outperform rating on IBM and raises the price target from $215 to $240.
September 11, 2024 | 1:45 pm
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Evercore ISI Group analyst Amit Daryanani has maintained an Outperform rating on IBM and increased the price target from $215 to $240, indicating a positive outlook on the stock.
The increase in price target from $215 to $240 by Evercore ISI Group suggests a positive outlook on IBM's future performance. Maintaining an Outperform rating indicates confidence in IBM's potential to outperform the market, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100