International Business Machines IBM shares have traded down nearly 11 percent over the last three months, but the Vetr community has upgraded the stock from 2.5 to 3 stars. The company recently integrated with BMW CarData to enable new and innovative services for cars and drivers.
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Vetr members have given IBM a Hold rating and $150.26 price target. This price target is lower than the $166.05 price target from Wall Street analysts. The company opened Tuesday around $154.
Of all Vetr raters, 50 percent believe traders and investors should sell IBM stock.
For Vetr’s full analysis of IBM, go here.
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