B of A Securities Maintains Buy on IBM, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Wamsi Mohan maintains a Buy rating on IBM and raises the price target from $209 to $250.
October 09, 2024 | 5:45 pm
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B of A Securities analyst Wamsi Mohan has reaffirmed a Buy rating on IBM and increased the price target from $209 to $250, indicating confidence in IBM's future performance.
The increase in the price target from $209 to $250 by B of A Securities suggests a positive outlook on IBM's future performance. This is likely to boost investor confidence and could lead to a short-term increase in IBM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100