Bank of America Corporation upgraded shares of International
Business Machines Corporation (NYSE:IBM) from a neutral rating to a buy rating
in a research note published on Tuesday morning.
Other analysts have also recently issued research reports
about the stock. Cantor Fitzgerald set a $162.00 target price on shares of
International Business Machines Corporation and gave the company a hold rating
in a report on Saturday, October 15th. Oppenheimer Holdings, Inc. reaffirmed a
hold rating on shares of International Business Machines Corporation in a
report on Saturday, January 21st. Jefferies Group LLC reaffirmed a sell rating
and issued a $125.00 target price on shares of International Business Machines
Corporation in a report on Friday, January 20th. Citigroup Inc. reaffirmed a
neutral rating on shares of International Business Machines Corporation in a
report on Friday, January 20th. Finally, Argus reaffirmed a buy rating and
issued a $185.00 target price (up previously from $175.00) on shares of
International Business Machines Corporation in a report on Monday, January
23rd. Four research analysts have rated the stock with a sell rating, seventeen
have assigned a hold rating and eight have given a buy rating to the company’s
stock. The company currently has an average rating of Hold and a consensus
target price of $162.98.
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