Wedbush has reaffirmed its "outperform" rating and raised its target price from $300 to $325 for IBM, one of its favorite software stocks, as "the AI revolution is set to accelerate in the coming years."

While the stock has performed well so far in 2025, we believe IBM remains overlooked and is still in the early stages of a growth renaissance, with AI as a key driver, the broker said.


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