MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH recently acquired a stake in International Business Machines Co. (IBM) in the first quarter, purchasing 10,300 shares valued at approximately $1,967,000. Other institutional investors, such as Norges Bank and Morgan Stanley, have also increased their stakes in IBM. Analysts from various brokerage firms have set new price targets for IBM stock, with ratings ranging from sell to buy. IBM’s recent performance has shown positive earnings and revenue, with the company also increasing its dividend. IBM operates in various segments, offering solutions and services worldwide.
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https://www.defenseworld.net/2024/07/03/meag-munich-ergo-kapitalanlagegesellschaft-mbh-buys-shares-of-10300-international-business-machines-co-nyseibm.html
