Jefferies Maintains “Hold” Rating on IBM (NYSE:IBM…

From Financial Modeling Prep: 2024-10-21 07:00:12

Jefferies raised IBM’s price target to $245 with a “Hold” rating. IBM’s Granite 3.0 models for business applications are now available, excelling in zero and few-shot forecasting. The models, developed using Nvidia’s H100 GPUs, outperform larger models and are accessible through Nvidia’s software tools. IBM’s stock price is currently $232.20.



Read more at Financial Modeling Prep:: Jefferies Maintains “Hold” Rating on IBM (NYSE:IBM…