Barclays Initiates Overweight Rating on IBM Amid Software Momentum

IBM shares surged 10% in pre-market trading after Barclays initiated coverage with an 'Overweight' rating, citing the company's strong software momentum and infrastructure advantages.

By Brandon Evans, SA News Editor · Seeking Alpha · June 1, 2026, 13:00 UTC

Barclays Initiates Overweight Rating on IBM Amid Software Momentum

Tickers: $BCS $IBM

Topics: Barclays IBM software momentum stock rating

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