Brokerage firms have recently rated International Business Machines Co. (NYSE:IBM) as a “Hold.” This indicates a neutral stance on the stock. The company’s performance in the market is currently experiencing acceleration, suggesting potential growth or positive movement. As investors weigh their options, the consensus among analysts is to maintain a cautious outlook on IBM’s stock. The “Hold” rating reflects uncertainty about the company’s future performance and suggests a wait-and-see approach for potential investors. It will be crucial to closely monitor IBM’s trajectory in the market to determine the best course of action.
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https://www.marketbeat.com/instant-alerts/nyse-ibm-consensus-analyst-rating-2024-07-03/
Brokerages on Wall Street Give International Business Machines Co. (NYSE:IBM) an Average Rating of “Hold” – MarketBeat
