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IBM Shares Surge on Oppenheimer’s Bullish Software and AI Outlook

IBM Shares Surge on Oppenheimer’s Bullish Software and AI Outlook

Author:

Global Cryptocurrency

Published:

2025-11-22 00:44:02

16

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BTCCSquare news:

IBM shares rallied sharply after Oppenheimer initiated coverage with a Street-high $360 price target and Buy rating. Analyst Param Singh cited accelerating growth in IBM's software division—fueled by HashiCorp integration and RedHat performance—along with gradual consulting recovery as key drivers.

The report highlights IBM's underappreciated pivot toward high-margin software and AI services, including enterprise AI application development. Singh contends the market underestimates both the progress and margin potential of this transition.

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