Evercore ISI: Lowers IBM's Target Price to $310
4 hour ago / Read about 0 minute
Author:小编   

Investment bank Evercore ISI has lowered IBM's target price from $345 to $310 while maintaining an "Outperform" rating. This adjustment comes as IBM's software growth fell short of expectations, its consulting business stagnated, and investors expressed concerns about AI disrupting traditional businesses.