I’m reading that the analysts claim that the 12 month median target for IBM stock is $145, while the high estimate for it is $185. With all due respect to the people that follow the stock performance and to the fact that IBM is a stable stock I find that hard to believe.
The company isn’t doing anything significant that we know of that can boost the stock value. Some would even say that it had much better days. For the stock to rise 50% in value something big has to happen. I just don’t see it.
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Unlikely given where the market is today