IBM (NYSE:IBM) Faces Challenges Despite Positive Outlook from Jefferies
IBM(US:IBM) Financial Modeling Prep·2026-02-24 06:00Jefferies maintains a "Buy" rating for IBM (NYSE:IBM), priced at $223.35, highlighting confidence in its software growth independent of its mainframe business.IBM experiences its worst month in 34 years with a 13% drop in stock value, amidst concerns over new AI features by competitors like Anthropic.The company's market capitalization has decreased by approximately $31 billion, indicating significant market challenges and investor uncertainty.IBM (NYSE:IBM) is a global technology company known for its soft ...