Evercore ISI analyst Amit Daryanani raised the firm’s price target on IBM to $150 from $135 and keeps an In Line rating on the shares. The analyst, who added shares to the Tactical Outperform List, thinks IBM is well-positioned to report December quarter results that are ahead of Street expectations while guiding to upside vs. consensus CY23 expectations, Daryanani tells investors in a research note.
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Published first on TheFly
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