Evercore Keeps IBM at Underperform With $330 Target Ahead of Q4 Results
Evercore ISI has maintained an Underperform rating and a $330 price target on IBM ahead of the company’s fourth-quarter results scheduled for January 28. The firm expects revenue and earnings roughly in line with consensus, driven by Infrastructure strength and Consulting, while cost savings and forthcoming 2026 guidance are likely to shape investo…