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Wedbush: Anthropic’s AI Tools Are Not a Threat to Software Providers

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As of February 24, 2026, International Business Machines Corporation (IBM) closed at $229.32, a 2.67% increase. IBM operates as a leading computer services provider, generating net sales from cognitive solutions (43.2%), IT services (33%), and IT infrastructure (22.3%). Geographically, revenue is sourced from the U.S. (40.1%), Europe, the Middle East, and Africa (31%), Asia-Pacific (19.2%), and other regions. IBM offers a wide range of services including cloud computing, technical support, and software development. It also finances computer equipment. Analysts rate IBM’s performance using various composites, including Investor and Global ratings, focusing on factors like fundamentals, valuation, and financial health. Additionally, their ESG score assesses environmental, social, and governance practices. The average target price for IBM stocks is $324.95, indicating a potential upside of 45.49%. Investors are encouraged to consider these metrics when evaluating IBM’s market position.

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