Having briefly becoming the world’s most valuable company last week, the chip giant has now dropped back behind Microsoft and Apple in market value. Read More...
IBM Is the Best Performer in the Dow on Monday
International Business Machines stock was rising Monday after a Goldman Sachs analyst gave the software, services and mainframe company a bullish rating. Goldman Sachs analyst James Schneider initiated coverage of IBM with a Buy rating and a $200 price target, which implies a 16% increase from the stock’s closing price of $172.46 on Friday. The stock was up 2.2% to $176.31, and was on pace to have its largest percentage increase since March 12, 2024, according to Dow Jones Market Data.
Barrons.com•
Add Comment