Goldman Predicts Sustained Growth for IBM Stock, Leading to Rally – Barron’s

s reported that IBM stock experienced a rebound after Goldman Sachs analysts forecasted sustained growth for the company in the future. This positive outlook from Goldman Sachs contributed to an increase in investor confidence and a rise in IBM’s stock price. The analysts at Goldman Sachs pointed to IBM’s strategic focus on cloud computing, artificial … Read more

Goldman Predicts Sustained Growth for IBM Stock, Sparking Rally

Goldman Predicts Sustained Growth for IBM Stock, Sparking Rally

IBM saw its shares rise on Monday following a positive call from Goldman Sachs analyst James Schneider, who initiated coverage of the software, services, and mainframe company with a Buy rating and a price target of $200, representing a 16% increase from the previous closing price. By mid-morning, IBM’s stock was up 3.3% to $178.18. … Read more