IBM Shares Rise After JPMorgan Upgrade on Software Growth Outlook

IBM shares rose over 5% following a JPMorgan upgrade to 'Overweight' from 'Neutral', citing strong software growth potential. The stock gained momentum in a broader tech sell-off, with the firm raising its price target to $291.

By Ebube Jones Thu, June 25, 2026 at 12:13 AM GMT+3 5 min read · Yahoo Finance · June 24, 2026, 21:13 UTC

IBM Shares Rise After JPMorgan Upgrade on Software Growth Outlook

Tickers: $IBM $JPM

Topics: IBM JPMorgan upgrade software growth tech sector sell-off

Read the full article at Yahoo Finance

More World news

Rival Technologies Index Reveals Gen Z Financial Constraints Amidst Optimistic Outlook PR Newswire · November 12, 2026, 13:42 UTC
Canadian Cybersecurity Job Postings Rise While Entry-Level Opportunities Decline PR Newswire · November 12, 2026, 13:42 UTC
Klarna Appoints Robinhood's Chris Koegel as Chief Financial Officer Seeking Alpha · November 12, 2026, 13:35 UTC
Kyverna Therapeutics Reports Q3 GAAP EPS of -$0.68, Slightly Beating Estimates Seeking Alpha · November 12, 2026, 13:37 UTC
TelyRx Holdings Appoints Co-Founder Benjamin Atkins as Interim CEO Seeking Alpha · November 12, 2026, 13:38 UTC
Nvidia shares fall following analyst downgrades and reports of potential CEO leadership changes Seeking Alpha · November 12, 2026, 13:38 UTC
Technosylva Launches Technosylva Planning Application for Multi-Hazard Utility Risk Management PR Newswire · November 12, 2026, 13:38 UTC
PVH Corp. Announces Global Workforce Reduction of Approximately 4% Seeking Alpha · November 12, 2026, 13:34 UTC
Analysis Reveals 75% of Americans Reside in Car-Dependent Areas PR Newswire · November 12, 2026, 13:38 UTC
ASML Positioned for Potential Stock Split Amid Surging AI Demand and Record Results Motley Fool · November 12, 2026, 13:31 UTC