By Vardah Gill
Publication Date: 2026-03-20 04:19:00
International Business Machines Corporation (NYSE:IBM) is included among the 15 Dividend Stocks to Buy for Steady Income.
On March 19, BMO Capital lowered its price recommendation on International Business Machines Corporation (NYSE:IBM) to $290 from $350. It reiterated a Market Perform rating on the shares. The firm said it does not see enough upside to turn more constructive at this point. It still views IBM’s broad product portfolio, AI positioning, and quantum efforts as factors that help reduce volatility. BMO also noted that the lower price target reflects compression in Software and IT Services multiples.
On March 16, IBM announced at GTC 2026 an expanded collaboration with NVIDIA Corporation aimed at helping enterprises scale AI. The partnership focuses on GPU-native data analytics, intelligent document processing, on-premises and regulated infrastructure, cloud, and consulting. The goal is…
