Morgan Stanley cut its IBM price target after Anthropic’s Claude Code showed it can automate cobol modernization, raising disruption risk and keeping the stock volatile until software growth or cash ...
Investing.com - Evercore ISI reiterated an Outperform rating and $345.00 price target on International Business Machines stock (NYSE:IBM) on Tuesday. The target suggests significant upside potential ...
Jefferies analyst Brent Thill, maintaining a Buy rating with a $370 price target, said the concerns overlook that IBM is already disrupting itself by embedding GenAI directly into the mainframe to ...
IBM shares rose after steep losses linked to AI disruption fears. Analysts said mainframes remain sticky despite modernization tools. Brokerages reiterated Buy ratings and high price targets. IBM ...
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What’s going on here? IBM shares slid 13.2% on Monday after Anthropic said its Claude Code can help modernize the COBOL systems that still run on IBM mainframes. What does this mean? COBOL is a ...
International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology, after Anthropic said its Claude Code tool could be used to ...
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