Arthur M. Cohen & Associates LLC Makes New $940,000 Investment in International Business Machines Corporation $IBM
Arthur M. Cohen & Associates LLC acquired 3,331 shares of IBM, valued at $940,000, during the 3rd quarter. This investment is part of a broader trend of institutional investments in IBM, with other firms like Norges Bank and Vanguard Group also increasing their holdings. Analysts have mixed ratings on IBM, with a consensus rating of 'Moderate Buy' and a price target of $293.38. IBM's recent earnings beat expectations, reporting $2.65 EPS and $16.33 billion in revenue for the quarter.