RBC Maintains Outperform Rating on IBM (IBM) Ahead of Third-Quarter Results
International Business Machines Corporation (NYSE:IBM) is one of the AI Stocks in the Spotlight This Week. On October 16, RBC Capital analyst Matthew Swanson reiterated an Outperform rating on the stock with a $315.00 price target. The rating affirmation comes ahead of the company’s third-quarter earnings report due on October 22. RBC anticipates IBM to deliver “solid” results in the upcoming earnings announcement, highlighting that investors will be focused both on revenue sub-components and the overall ...