IBM’s (IBM) Confluent Deal Expected to Boost EBITDA and Free Cash Flow

International Business Machines Corporation (NYSE:IBM) ranks among the best big data stocks to invest in.  On December 10, Bernstein SocGen Group maintained its Market Perform rating for International Business Machines Corporation (NYSE:IBM), with a $280 price target on the company’s shares. The rating follows IBM’s plans to buy all outstanding common shares of Confluent for $31 per share in cash, representing an enterprise value of roughly $11 billion. JuliusKielaitis / Shutterstock.com According to an ...