Reported 1 day ago
On October 16, RBC Capital analyst Matthew Swanson maintained an Outperform rating on IBM with a $315.00 price target, ahead of the company’s Q3 earnings report scheduled for October 22. RBC expects solid performance, particularly regarding revenue and free cash flow metrics, as investors assess IBM's progress towards its full-year growth goals, especially for its Red Hat and software business segments.
Source: YAHOO