IBM in Focus as Bernstein Maintains Neutral Stance After Confluent Acquisition
Yahoo Finance·2025-12-12 23:08
International Business Machines Corporation (NYSE:IBM) is one of the AI Stocks Analysts Are Watching Closely. On December 10, Bernstein SocGen Group reiterated its Market Perform rating on the stock with a price target of $280.00. Firm analysts remain neutral on the stock despite IBM’s acquisition announcement noting that even though it sees strategic alignment, overall view and valuation remains unchanged. “IBM + Confluent (CFLT): A match made in heaven?” According to Bernstein, IBM will acquire all o ...