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.
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