International Business Machines Co. (NYSE:IBM – Get Free Report) shares fell 0.1% during trading on Friday . The stock traded as low as $237.40 and last traded at $238.45. 4,626,569 shares were traded during mid-day trading, an increase of 10% from the average session volume of 4,222,049 shares. The stock had previously closed at $238.57.
Wall Street Analyst Weigh In
IBM has been the subject of several research analyst reports. Erste Group Bank raised International Business Machines from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 17th. Wedbush initiated coverage on shares of International Business Machines in a research report on Monday, February 3rd. They issued an…