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IBM has been talking up AI, but here's what investors should really focus on in earnings

Por: MarketWatch Business July 17, 2023

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“By segment, Red Hat growth in the second quarter remains an important metric to monitor as management expects Red Hat to contribute ‘about half of the expected 5 points of software growth’ in 2023,” wrote Vogt, who has a sell rating and a $110 price target on IBM’s stock. Vogt forecast Red Hat growth of 11% for the second quarter, which would require “a sharp acceleration” in the second half of the year to hit the midpoint of the... + full article



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