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Research analysts at Atlantic Securities began coverage on shares of International Business Machines Corp. (NYSE:IBM) in a report released on Monday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.

A number of other analysts have also recently weighed in on IBM. Analysts at Ned Davis Research upgraded shares of International Business Machines Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 30th. Separately, analysts at TheStreet reiterated a “buy” rating on shares of International Business Machines Corp. in a research note to investors on Wednesday, December 18th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of International Business Machines Corp. in a research note to investors on Friday, December 6th. They now have a $185.00 price target on the stock. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $200.75.

International Business Machines Corporation (NYSE:IBM) is an information technology (IT) company.

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