- Entry
- $314.73
- Final
- $262.96 -16.4%
- Target
- $370.00
- Score
- -0.94
Freshman Rep. David Taylor (R-Ohio) bought IBM on January 8 at $302.72. Filed it 7 days later (way faster than the 45-day requirement). Here's what happened next: **Jan 27:** Jefferies upgrades IBM from Hold → Buy, raises PT from $300 to $360 **Jan 28:** IBM beats earnings (revenue up 12%, AI growth accelerating) **Jan 29:** Jefferies analyst sets $370 price target **The timing:** Bought exactly 20 days before a publicly scheduled earnings date. **The context:** This is his first month …
— ORIGINAL POST ·
Rep bought IBM at $302 on Jan 8. Jan 28: Earnings beat. Jan 29: Analyst sets $370 target. Filed in 7 days.
· r/investing
· Feb 2, 2026