In a report released today, Ben Reitzes from Melius Research maintained a Buy rating on International Business Machines, with a price target of $375.00. Claim 70% Off TipRanks PremiumAccording to TipRanks, Reitzes is a 4-star analyst with an average return of 9.6% and a 54.43% success rate. Reitzes covers the Technology sector, focusing on stocks such as Nvidia, International Business Machines, and Advanced Micro Devices. In a report released today, RBC Capital also maintained a Buy rating on the stock with a $350.00 price target. Based on International Business Machines’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $16.33 billion and a net profit of $1.74 billion.

Source: International New York Times January 06, 2026 21:18 UTC