JPMorgan Lowers IBM Target after Confluent Deal, Sees Balanced Risk/Reward

International Business Machines Corporation (NYSE:IBM) is included among the 14 High Growth Dividend Paying Stocks to Invest in Now. JPMorgan Lowers IBM Target after Confluent Deal, Sees Balanced Risk/Reward On March 18, JPMorgan lowered its price recommendation on International Business Machines Corporation (NYSE:IBM) to $283 from $317. It reiterated a Neutral rating on the shares. The update followed the company’s $11B acquisition of Confluent. The firm viewed the early completion of the deal as a posi ...