IBM To Rally Around 8%? Here Are 10 Top Analyst Forecasts For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

• Wells Fargo cut Incyte Corp (NASDAQ:INCY) price target from $116 to $107. Wells Fargo analyst Derek Archila downgraded the stock from Overweight to Equal-Weight. Incyte shares closed at $106.21 on Friday. See how other analysts view this stock.
• Keybanc cut the price target for Uber Technologies Inc (NYSE:UBER) from $110 to $105. Keybanc analyst Justin Patterson maintained an Overweight rating. Uber shares closed at $84.85 on Friday. See how other analysts view this stock.
• Jefferies cut Philip Morris International Inc. (NYSE:PM) price target from $220 to $180. Jefferies analyst Edward Mundy downgraded the stock from Buy to Hold. Philip Morris shares closed at $173.62 on Friday. See how other analysts view this stock.
• Truist Securities raised the price target for Prologis Inc (NYSE:PLD) from $131 to $142. Truist Securities analyst Michael Lewis maintained a Buy rating. Prologis shares closed at $133.21 on Friday. See how other analysts view this stock.
• Evercore ISI Group raised the price target for IBM (NYSE:IBM) from $315 to $330. Evercore ISI Group analyst Amit Daryanani maintained an Outperform rating. IBM shares closed at $305.67 on Friday. See how other analysts view this stock.
• Rosenblatt increased Western Digital Corp (NASDAQ:WDC) price target from $165 to $270. Rosenblatt analyst Kevin Cassidy maintained a Buy rating. Western Digital shares settled at $221.51 on Friday. See how other analysts view this stock.
• Needham increased Applied Materials Inc (NASDAQ:AMAT) price target from $260 to $390. Needham analyst Charles Shi maintained a Buy rating. Applied Materials closed at $327.01 on Friday. See how other analysts view this stock.
• Morgan Stanley raised Brinker International Inc (NYSE:EAT) price target from $160 to $200. Morgan Stanley analyst John Glass upgraded the stock from Equal-Weight to Overweight. Brinker shares closed at $157.68 on Friday. See how other analysts view this stock.
• HSBC raised the price target for Intel Corp (NASDAQ:INTC) from $26 to $50. HSBC analyst Frank Lee upgraded the stock from Reduce to Hold. Intel shares settled at $46.99 on Friday. See how other analysts view this stock.
• Morgan Stanley cut NetApp Inc (NASDAQ:NTAP) price target from $117 to $89. Morgan Stanley analyst Erik Woodring downgraded the stock from Equal-Weight to Underweight. NetApp shares closed at $103.80 on Friday. See how other analysts view this stock.

Considering buying IBM stock? Here’s what analysts think:

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