By Vardah Gill
Publication Date: 2026-04-26 16:38:00
International Business Machines Corporation (NYSE:IBM) is included among the 10 Best May Dividend Stocks to Buy.
On April 23, BMO Capital Markets lowered its price recommendation on International Business Machines Corporation (NYSE:IBM) to $270 from $290. It reiterated a Market Perform rating. The analyst said Q1 software organic growth came in below expectations, even with stronger performance at Red Hat. The firm added that it still finds it difficult to justify a premium software multiple at the company’s current organic growth level.
On the same day, Wedbush Securities analyst Daniel Ives lowered the price target on Outperform-rated IBM to $320 from $340. The change reflects a lower multiple tied to $600M of Confluent dilution and some near-term softness in consulting. The firm noted that IBM still reported Q1 results with beats on both revenue and earnings. It also maintained its FY26 outlook for…