Morgan Stanley Raises PT on International Business Machines (IBM) Stock
International Business Machines Corporation (NYSE:IBM) is one of the Best Cloud Computing Stocks to Buy According to Hedge Funds. On June 23, Morgan Stanley lifted its price objective on the company's stock to $267 from $225, and maintained an "Equal Weight" rating on the shares.
International Business Machines Corporation (NYSE:IBM) is one of the Best Cloud Computing Stocks to Buy According to Hedge Funds. On June 23, Morgan Stanley lifted its price objective on the company's stock to $267 from $225, and maintained an "Equal Weight" rating on the shares. As per the analyst, Dell and HPE earnings demonstrate that the enterprise server demand is far more inelastic than anticipated.
This is despite significant price increases, considering the compute shortages, refresh activity, and increasing AI-associated infrastructure needs. Morgan Stanley Raises PT on International Business Machines (IBM) Stock The analyst further added that the estimates for 2026 and 2027 appear to be too low. Furthermore, the firm's analyst increased the EPS estimates by 5% – 6% for the compute-exposed companies.
In a different update, JPMorgan upgraded International Business Machines Corporation (NYSE:IBM)'s stock to "Overweight" from "Neutral" with a price objective of $291, up from the prior target of $270. The firm highlighted its confidence in H2 2026 software acceleration after the analysis of the company's software business. International Business Machines Corporation (NYSE:IBM) operates as an integrated solutions and services provider.
While we acknowledge the potential of IBM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 Best Long-Term Tech Stocks to Buy According to Analysts.
Disclosure: None. Follow Insider Monkey on Google News. International Business Machines Corporation (NYSE:IBM) is one of the Best Cloud Computing Stocks to Buy According to Hedge Funds.
On June 23, Morgan Stanley lifted its price objective on the company's stock to $267 from $225, and maintained an "Equal Weight" rating on the shares. As per the analyst, Dell and HPE earnings demonstrate that the enterprise server demand is far more inelastic than anticipated. This is despite significant price increases, considering the compute shortages, refresh activity, and increasing AI-associated infrastructure needs.
Morgan Stanley Raises PT on International Business Machines (IBM) Stock The analyst further added that the estimates for 2026 and 2027 appear to be too low. Furthermore, the firm's analyst increased the EPS estimates by 5% – 6% for the compute-exposed companies. In a different update, JPMorgan upgraded International Business Machines Corporation (NYSE:IBM)'s stock to "Overweight" from "Neutral" with a price objective of $291, up from the prior target of $270.
The firm highlighted its confidence in H2 2026 software acceleration after the analysis of the company's software business. International Business Machines Corporation (NYSE:IBM) operates as an integrated solutions and services provider. While we acknowledge the potential of IBM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.
If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 Best Long-Term Tech Stocks to Buy According to Analysts. Disclosure: None.
Follow Insider Monkey on Google News. International Business Machines Corporation (NYSE:IBM) is one of the Best Cloud Computing Stocks to Buy According to Hedge Funds. On June 23, Morgan Stanley lifted its price objective on the company's stock to $267 from $225, and maintained an "Equal Weight" rating on the shares.
As per the analyst, Dell and HPE earnings demonstrate that the enterprise server demand is far more inelastic than anticipated. This is despite significant price increases, considering the compute shortages, refresh activity, and increasing AI-associated infrastructure needs. Morgan Stanley Raises PT on International Business Machines (IBM) Stock The analyst further added that the estimates for 2026 and 2027 appear to be too low.
Furthermore, the firm's analyst increased the EPS estimates by 5% – 6% for the compute-exposed companies. In a different update, JPMorgan upgraded International Business Machines Corporation (NYSE:IBM)'s stock to "Overweight" from "Neutral" with a price objective of $291, up from the prior target of $270. The firm highlighted its confidence in H2 2026 software acceleration after the analysis of the company's software business.
International Business Machines Corporation (NYSE:IBM) operates as an integrated solutions and services provider. While we acknowledge the potential of IBM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.
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