Can International Business Machines Recover After Its Sell-Off?

International Business Machines (NYSE: IBM) has been sold off recently which has put the stock on investors’ radars. Adding to the bearish sentiment for the stock is the fact that insiders at the company are selling shares. $311.11M shares were sold last quarter. Despite this, the company retains a 12.9% upside to the consensus price target of $146.10. In this article we’ll explore the forces that are working for and against the company to exceed this consensus set by Wall St.

MarketBeat.com – MarketBeat The Positives of IBM

No analysis of IBM would be complete without a look at it above-board profitability compared to

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

Opinion: Carbon capture is a crucial tool in California’s climate plan

California is leading the nation and much of the world with its ambitious effort to reduce the carbon emissions that are causing climate change.But...

Opinion: NASA shows what’s possible if we trimmed our military budget

Like many kids, I was once captivated by all things space. I took out every book on space from the school library. I did...

Survey: Most Californians support taxing wealth, other big moves to fight climate change

Three in four Californians now agree with a majority of scientists that climate change is contributing to the state’s drought and conditions that lead...