IBM Could Grow Market Share as AI Investments Pay Off, Goldman Sachs Says
Investopedia • 602 days
Low Materiality0/10
Information
IBM (IBM) shares gained 1.5% Monday after Goldman Sachs analysts initiated coverage with a "buy" rat...
Original sourceAI Summary
- Goldman Sachs gave IBM a "buy" rating, mentioned AI investments and long-term growth. - Analysts highlighted IBM's gains in infrastructure software and consulting. - IBM shares rose 1.5% after Goldman Sachs' coverage with a $200 price target. Price Impact Rating: bullish Impact Horizon Rating: short-term Type: Analyst Rating Key Takeaways: IBM rated "buy" by Goldman Sachs, AI investments paying off.
Market-Moving
- Goldman Sachs gave IBM a "buy" rating, mentioned AI investments and long-term growth.
- Analysts highlighted IBM's gains in infrastructure software and consulting.
- IBM shares rose 1.5% after Goldman Sachs' coverage with a $200 price target.
Key Facts
- Goldman Sachs gave IBM a "buy" rating, mentioned AI investments and long-term growth.
- Analysts highlighted IBM's gains in infrastructure software and consulting.
- IBM shares rose 1.5% after Goldman Sachs' coverage with a $200 price target.