IBM is up 10.3% in premarket trading to $328.47 after Barclays initiated coverage with an overweight rating and a $350 price target. The move reflects a positive analyst call rather than new operating results, but it is a meaningful catalyst for the shares. The implied upside to the target is about 6.5% from the premarket level.
IBM is up 10.3% in premarket trading to $328.47 after Barclays initiated coverage with an overweight rating and a $350 price target. The move reflects a positive analyst call rather than new operating results, but it is a meaningful catalyst for the shares. The implied upside to the target is about 6.5% from the premarket level.
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Request DemoOverall Sentiment
moderately positive
Sentiment Score
0.62
Ticker Sentiment
