BMO Capital Maintains Market Perform on IBM, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained a Market Perform rating on IBM and raised its price target from $235 to $260.
October 24, 2024 | 1:18 pm
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BMO Capital has maintained a Market Perform rating on IBM and increased its price target from $235 to $260, indicating a positive outlook.
The increase in price target from $235 to $260 by BMO Capital suggests a positive outlook for IBM's stock, which could lead to a short-term price increase. The Market Perform rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100