S&P 500, NASDAQ on track for more records
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The average IBM price target is $147.75, implying 9.7% upside potential.Conclusion: An Old Flame ReturnsPerhaps the best analogy for IBM stock comes down to a chance encounter with an old flame.
The S&P 500 and the Nasdaq rose on Thursday, as investors sifted through a patchwork of earnings from megacaps like Alphabet and Tesla, while the Dow was weighed down by losses in UnitedHealth and IBM.