International Business Machines Corporation (NYSE:IBM – Get Free Report) rose 1.7% during trading on Monday after Wedbush raised their price target on the stock from $300.00 to $325.00. Wedbush currently has an outperform rating on the stock. International Business Machines traded as high as $286.22 and last traded at $285.85. Approximately 572,317 shares traded hands during trading, a decline of 86% from the average daily volume of 4,208,957 shares. The stock had previously closed at $280.97.
A number of other brokerages have also recently commented on IBM. Royal Bank Of Canada raised their price objective on International Business Machines from $276.00 to $285.00 and gave the company an “outperform”…
