Skip to main content

Market Overview

UPDATE: Morgan Stanley Raises Price Target On IBM On New Year, Similar Story

Share:

In a report published Wednesday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on International Business Machines Corp. (NYSE: IBM), and raised the price target from $154.00 to $159.00.

In the report, Morgan Stanley noted, “While 2015 guidance is more conservative than past years, FX volatility and continued cyclical and secular pressures limit visibility into an EPS and FCF recovery. Without signs of improving software and/or services profits, we see shares treading water near-term.”

IBM closed on Tuesday at $156.95.

Latest Ratings for IBM

DateFirmActionFromTo
Oct 2020BMO CapitalMaintainsMarket Perform
Oct 2020Morgan StanleyMaintainsEqual-Weight
Jul 2020Argus ResearchUpgradesHoldBuy

View More Analyst Ratings for IBM
View the Latest Analyst Ratings

 

Related Articles (IBM)

View Comments and Join the Discussion!

Posted-In: Katy L. Huberty Morgan StanleyAnalyst Color Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
KRYSHC Wainwright & Co.Maintains103.0
OTRKRBC CapitalDowngrades32.0
EVHCanaccord GenuityMaintains24.0
BMRNCanaccord GenuityMaintains91.0
ONTFCanaccord GenuityInitiates Coverage On65.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com