International Business Machines (NYSE:IBM) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

International Business Machines (NYSE:IBMGet Free Report) had its price objective upped by equities researchers at Stifel Nicolaus from $290.00 to $310.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Stifel Nicolaus’ price target indicates a potential upside of 9.91% from the company’s current price.

IBM has been the subject of a number of other reports. The Goldman Sachs Group increased their price target on International Business Machines from $270.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, July 2nd. Morgan Stanley cut their target price on International…

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