IBM AI Success Faces Macro Headwinds: Analyst Cuts Price Target

IBM shares fall despite upbeat Q1 results. Wedbush analyst maintains an Outperform rating but cuts PT to $320 due to macro headwinds.

Latest Ratings for IBM

DateFirmActionFromTo Jan 2022BMO CapitalMaintainsMarket Perform Jan 2022UBSDowngradesNeutralSell Jan 2022Goldman SachsInitiates Coverage OnNeutral

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