IBM surges as Barclays initiates at Overweight due to software momentum

IBM surges as Barclays initiates at Overweight due to software momentum

By Brandon Evans
Publication Date: 2026-06-01 13:00:00

IBM stock jumps 10% as Barclays starts coverage with Overweight and $350 target, citing software momentum and quantum/AI bets—get the key takeaways now.