
International Business Machines (IBM): New Buy Recommendation for This Technology Giant
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According to TipRanks, Swanson is a 3-star analyst with an average return of 2.4% and a 46.71% success rate. Swanson covers the Technology sector, focusing on stocks such as International Business Machines, DoubleVerify Holdings, and Zeta Global Holdings Corp.
In addition to RBC Capital, International Business Machines also received a Buy from Bank of America Securities's Wamsi Mohan in a report issued yesterday. However, on the same day, BMO Capital maintained a Hold rating on International Business Machines (NYSE: IBM).
Based on International Business Machines' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $14.54 billion and a net profit of $1.06 billion. In comparison, last year the company earned a revenue of $14.46 billion and had a net profit of $1.61 billion

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