According to the latest survey by FactSet, 21 analysts have provided target price estimates for International Business Machines (IBM-US), revising the median from $260 down to $250, representing a 3.85% decrease. The highest estimate stands at $350, while the lowest is $175.
In terms of overall ratings, 28 analysts have evaluated IBM: 15 are positive/optimistic, 11 remain neutral, and 2 are conservative/pessimistic.
IBM closed today (23rd) at $205.77. Over the past five days, the stock has declined by 3.85%, while the S&P index fell by 0.97%, indicating underwhelming short-term performance.
Source: FactSet. Data is for reference only and does not constitute investment advice.
FACT BOX
- Source: PR Times
- Category: Survey
- Organizations: FactSet
- Products / services: Watson AI