IBM is poised to benefit from strong demand for hybrid cloud and AI, driving growth in the Software and Consulting segments.
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For instance, analyst Amit Daryanani, of investment banking firm Evercore ISI, raised his price target for IBM from $215 to ...
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IBM announced earlier this year that it would have layoffs, and that now appears to have occurred. Analyst attributes it to cloud/on-prem rebalancing, not genAI-related. But look for GenAI layoffs ...
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Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $110.0 to $240.0 for IBM over the last 3 months.
This is what could happen next to IBM shares. Investing.com -- Morgan Stanley analysts believe IBM (NYSE:IBM)'s recent stock momentum is likely to persist through the upcoming earnings season.