JPMorgan Upgrades IBM Due to Stronger Software Growth Expectations

On June 23, JPMorgan upgraded International Business Machines Corporation (IBM) from Neutral to Overweight and raised its price target to $291. The upgrade is based on stronger software growth expectations driven by AI-related container adoption and migration tailwinds related to Red Hat and OpenShift.

By Vardah Gill Thu, June 25, 2026 at 6:31 AM GMT+3 2 min read · Yahoo Finance · June 25, 2026, 03:31 UTC

JPMorgan Upgrades IBM Due to Stronger Software Growth Expectations

Tickers: $IBM $JPM $MS

Topics: AI Infrastructure IBM JPMorgan Morgan Stanley Software Growth

Read the full article at Yahoo Finance

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