HomeMarketsTechnical AnalysisOptions Corner: IBM Upgrade Pushes Back Bearish Trends

Options Corner: IBM Upgrade Pushes Back Bearish Trends

IBM Corp. (IBM) got an upgrade from Jefferies to buy from hold, with the firm raising its price target to $360 from $300. Rick Ducat turns to stock trends and highlights IBM's recent struggle to break away from a bearish downturn. He explains the key levels shares need to break for bulls to regain control. Rick later highlights an example options trade for IBM.

Morning Movers

05 Jan 2026

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