RBC Capital Reiterates Outperform on IBM, Maintains $250 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Swanson has reiterated an Outperform rating for IBM and maintained a price target of $250.
October 24, 2024 | 5:20 pm
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RBC Capital has reiterated its Outperform rating for IBM, maintaining a price target of $250, indicating confidence in IBM's future performance.
The reiteration of an Outperform rating and a high price target of $250 by RBC Capital suggests a positive outlook for IBM's stock. This could lead to increased investor confidence and potentially a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100