JPMorgan upgrades IBM to Overweight with a $291 price target, citing software growth, AI expansion via watsonx, and digital asset tokenization

JPMorgan upgrades IBM to Overweight with a $291 price target, citing software growth, AI expansion via watsonx, and digital asset tokenization

IBM stock jumps 4% premarket after a White House nod and a JPMorgan upgrade to Overweight with a new $291 price target.