IBM Investor Day Preview: Why Analyst Says This Event Could Be A Catalyst For The Stock

IBM IBM is scheduled to host its Investor Day on Feb. 4.The event is likely to be "a positive catalyst for the stock," according to Goldman Sachs.The IBM Analyst: Analyst James Schneider maintained a Buy rating and price target of $250.The IBM Thesis: Management is likely to announce its medium-term (2025 to 2027) target reflecting mid-single digit revenue growth, broadly in-line with Street estimates, Schneider said in the note.Check out other analyst stock ratings."We expect free cash flow to grow in the ...