IBM Expected to Outperform in Tough Economic Conditions 
<p>BofA Securities reiterated its Buy rating and $152.00 price target on <a href='https://financialmodelingprep.com/financial-summary/IBM'>IBM (NYSE:IBM)</a>, anticipating the company’s shares to outperform during tough economic conditions, driven by its improving financial performance. </p>
<p>The analysts emphasized IBM's revenue growth and free cash flow improvement, defensive portfolio, which is expected to help the company perform well during a recession, as well as its attractive dividend yield. </p>
<p>The company will report its Q1/23 earnings results on April 19, with Wall Street analysts expecting EPS of $1.26 and revenue of $14.36 billion.</p>

NYSE:IBM