Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
MarketBeat

IBM Stock Is Down After Earnings Beat

Among 7 analysts who offer a 12-month price forecast for IBM (NYSE:IBM) stock suggests the company has a median target of about $145, with a 12 percent upside. This is the median in the range estimate of $115 to $185. This updated median estimate represents an increase of 9.28 percent from the previous price of $130.86.

In terms of rating, about half of 20 polled investment analysts recommend a HOLD rating. It should be noted that nearly as many analysts would give the stock a BUY rating at this time. And it should also be noted that the rating of HOLD remains unchanged from the last poll taken.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.