Morgan Stanley Raises PT on International Business Machines (IBM) Stock

2 hours ago 4

Bob Karr

Sat, June 27, 2026 astatine 5:18 PM CDT 1 min read

International Business Machines Corporation (NYSE:IBM) is 1 of the Best Cloud Computing Stocks to Buy According to Hedge Funds. On June 23, Morgan Stanley lifted its terms nonsubjective connected the company's banal to $267 from $225, and maintained an "Equal Weight" standing connected the shares. As per the analyst, Dell and HPE net show that the endeavor server request is acold much inelastic than anticipated. This is contempt important terms increases, considering the compute shortages, refresh activity, and expanding AI-associated infrastructure needs.

Morgan Stanley Raises PT connected  International Business Machines (IBM) Stock

Morgan Stanley Raises PT connected International Business Machines (IBM) Stock

The expert further added that the estimates for 2026 and 2027 look to beryllium excessively low. Furthermore, the firm's expert accrued the EPS estimates by 5% – 6% for the compute-exposed companies.

In a antithetic update, JPMorgan upgraded International Business Machines Corporation (NYSE:IBM)'s banal to "Overweight" from "Neutral" with a terms nonsubjective of $291, up from the anterior people of $270. The steadfast highlighted its assurance successful H2 2026 bundle acceleration aft the investigation of the company's bundle business.

International Business Machines Corporation (NYSE:IBM) operates arsenic an integrated solutions and services provider.

While we admit the imaginable of IBM arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected 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 connected Google News.

Read Entire Article