IBM’s software business is undervalued and the stock could climb close to 30%, according to its newest bull.
Analyst Matthew Swanson said the tech giant’s software business was “misunderstood and undervalued,” particularly when it comes to its role in AI and spend optimization. It also cited IBM’s “unique role” in enabling hybrid cloud environments—combining public cloud, private cloud, and on-premises infrastructure.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: