IBM's software division is currently underrated, and its stock could potentially increase by nearly 30%, according to the latest positive assessment.
Analyst Matthew Swanson highlighted
Analyst Matthew Swanson highlighted that IBM's software business is not fully appreciated and is undervalued, particularly in its contributions to AI and expenditure optimization.
IBM Role
Additionally, IBM plays a unique role in facilitating hybrid cloud environments, which combine public cloud, private cloud, and on-premises infrastructure.
Swanson also pointed out that despite IBM generating 75% of its revenue from software and consulting, investors still tend to view the company mainly through the lens of its hardware..
RBC Capital Markets
RBC Capital Markets has just begun covering the stock and has assigned it an "Outperform" rating along with a price target of $188. This suggests a 28% increase from the closing price on Tuesday.
RBC Capital Markets
RBC Capital Markets has just begun covering the stock and has assigned it an "Outperform" rating along with a price target of $188. This suggests a 28% increase from the closing price on Tuesday.
International Business Machines Corp (IBM)
International Business Machines Corp (IBM): A Deep Dive into Its Performance Metrics
International Business Machines Corp (IBM)
International Business Machines Corp (NYSE:IBM) has enjoyed a stellar reputation. It has recently witnessed a daily gain of 2.88%
International Business Machines Corp (IBM)
IBM and Swift Partner to Deliver Payments-as-a-Service to Financial Institutions
Understanding the GF Score
The GF Score is a stock performance ranking system developed by GuruFocus, utilizing five valuation aspects