There's been a flurry of activity surrounding International Business Machines Corporation (IBM). Community Bank N.A. has lowered its holdings, while various firms, such as Kingswood Wealth Advisors LLC and State of Alaska Department of Revenue, have boosted theirs. Additionally, analysts have updated IBM's stock price target following a new high driven by AI. The company has also amended and extended credit agreements up to 2030 for increased financial flexibility. IBM hit a new 52-week high following this upgrade, attracting new investments from multiple asset management firms. A majority of investors retain a Moderate Buy outlook, and the price target has been raised twice at Wedbush due to IBM's AI growth prospects. Observers also note the positive impact of quantum computing on IBM's stock. Lastly, IBM has introduced industry-first software to unify agentic governance and security, it revealed an ambitious Quantum Roadmap and launched the Watsonx AI Labs in New York City.
International Business Machines Corporation IBM News Analytics from Tue, 25 Mar 2025 07:00:00 GMT to Sat, 21 Jun 2025 22:59:38 GMT - Rating 8 - Information 8 - Rumor 2
