IBM Shares Rise 2.13% as Morgan Stanley Raises Target, Keeps Equal Weight
IBM traded at $232.75 around 1:22 p.m. ET on October 15. Morgan Stanley raised its price target while maintaining an Equal Weight rating.
IBM, the enterprise software, infrastructure and AI-services group NYSE:IBM, traded at $232.75, up about 2.13%, around 1:22 p.m. ET on October 15, as investors weighed Morgan Stanley's higher price target against an unchanged Equal Weight rating. The bank raised its target to $238 from $190a 25.3…