IBM initiated at Outperform as software accelerates at Big Blue: Oppenheimer

vm_adminFebruary 11, 2025

Ethan Miller/Getty Images News

IBM (NYSE:IBM) was initiated with an Outperform rating by Oppenheimer due in part to double-digit revenue growth in its software segment, driven by its Red Hat offerings.

“Red Hat specifically has recently expanded…

Article Source
https://seekingalpha.com/news/4406128-ibm-initiated-at-outperform-as-software-accelerates-at-big-blue-oppenheimer

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