Truist Securities Initiates Coverage On IBM with Hold Rating, Announces Price Target of $240
Truist Securities analyst Arvind Ramnani initiates coverage on IBM (NYSE:IBM) with a Hold rating and announces Price Target of $240.
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Why It Matters
A big investment bank started watching IBM and says it looks fairly priced right now. You can use this to remember that IBM is worth watching, but nothing dramatic is expected soon.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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