Wall Street analyst sets IBM stock price for 12 months
Photo: Finbold
Even though International Business Machines Corp. (NYSE: IBM ) stock has crashed by more than 22% so far in 2026, Arvind Ramnani, a Wall Street analyst at Truist Securities, expects further upside over the next 12 months. Ramnani initiated a ‘Hold’ rating for IBM stock , according to a note sent to clients on October 9. The expert also set a 12-month IBM price target of $240. As International Business Machines stock traded at approximately $225.63 at the time of reporting, Truist Securities signals a possible 6.37% upside.
Source: Finbold
