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RBC Capital Reiterates Outperform Rating on IBM (IBM)

May 22, 2024 6:17 AM EDT

RBC Capital analyst Matthew Swanson reiterated an Outperform rating and $200.00 price target on IBM (NYSE: IBM)

The analyst comments "We attended IBM's Think conference where management focused on their multi-pronged strategy around generative AI as the dual focus on AI and hybrid cloud... More