Stifel Lifts IBM Price Target Following $11B Confluent Acquisition

International Business Machines Corporation (NYSE:IBM) is included among the 15 Best Stocks to Buy for the Long Term. Stifel Lifts IBM Price Target Following $11B Confluent Acquisition Photo by Annie Spratt on Unsplash On December 9, Stifel analyst David Grossman lifted his price target on International Business Machines Corporation (NYSE:IBM) to $325 from $295 after the company announced its plan to acquire Confluent for $11 billion in cash. He kept his Buy rating in place and noted that IBM has histor ...