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International Business Machines Corporation (IBM) is one of the world’s oldest and most influential technology companies.
IBM launched new AI capabilities for its Enterprise and Consulting Advantage platforms at Think 2026.
KEY POINTS
- The new tools use watsonx technology to enhance flexibility, governance, and control in hybrid AI systems.
- Analyst consensus on IBM stock has shifted to more bullish, with increased 'Strong Buy' ratings versus last month.
- IBM shares rose 2.5% after the AI announcement, despite underperforming major tech indices over the past year.
- RBC Capital reduced its IBM price target to $330, still implying significant upside from current market prices.
COMPANIES
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