IBM to Announce Third-Quarter 2024 Financial Results

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IBM (IBM) PT Raised to $250 at RBC Capital

October 10, 2024 6:21 AM EDT

RBC Capital analyst Matthew Swanson raised the price target on IBM (NYSE: IBM) to $250.00 (from $211.00) while maintaining a Outperform rating.

The analyst comments "Sentiment has improved throughout the quarter, as we continue to see increasing thematic inbounds in addition to FCF support. We... More