Oppenheimer analyst Param Singh initiated coverage of IBM stock with an Outperform rating and a $320 price target.
IBM (NYSE:IBM) was initiated with an Outperform rating by Oppenheimer due in part to double-digit revenue growth in its software segment, driven by its Red Hat offerings. "Red Hat specifically has ...
Oppenheimer analyst predicts IBM's Red Hat-driven software growth could lead to 20% growth, boosting margins and stock value.
Oppenheimer initiated coverage of IBM (IBM) with an Outperform rating and $320 price target The firm’s bullish stance is based on the view ...
Since Big Blue bought Red Hat, the Triangle open source software provider has more than doubled its revenue as software ...
This isn’t just a pricing advantage — it’s a structural advantage. IBM isn’t trying to outspend OpenAI or Google LLC on ...
IBM announced its intent to acquire Applications Software Technology LLC, a global Oracle consultancy-which would bring deep expertise driving business transformations with Oracle Cloud Applications, ...
IBM CEO Arvind Krishna speaks about the regulatory environment, tech spending, DeepSeek, AI, GenAI, M&A, mainframes.
When IBM reported its fourth-quarter results on Wednesday, the company noted a big acceleration in its generative AI business ...
International Business Machines Corp. gave a stronger-than-expected revenue growth outlook for the coming years led by the ...
Goldman Sachs analyst maintains Buy rating on IBM, citing potential for growth in TMT sector and strong Software revenue ...
IBM Corp. CEO Arvind Krishna said a reckoning over the costs of developing AI following the rise of Chinese startup DeepSeek will help fuel adoption.