CNBC Breaking - FactSet Survey: IBM-US Target Price Lowered to $265, Down Approximately 3.64%

According to the latest FactSet survey, 20 analysts have provided target price estimates for International Business Machines (IBM-US), with the median revised downward from $275 to $265, representing a 3.64% reduction. The highest estimate stands at $350, while the lowest is $175.

In terms of overall ratings, 27 analysts have evaluated IBM: 16 are 'optimistic,' 9 are 'neutral,' and 2 are 'pessimistic.'

IBM closed today at $213. Over the past five days, the stock has declined by 3.64%, while the S&P index fell by 0.96%, indicating no significant short-term outperformance.

Source: FactSet. Data is for reference only and does not constitute investment advice.