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Evercore ISI issued a new Street-high price target of $315 for IBM Corp. (IBM) on expectations of strong EPS outlook fueled by its A.I. and quantum computing prospects. Marley Kayden notes the company's prior earnings report as strong overall but warns against some concerns in current macroeconomic conditions. Despite that, Marley says its latest developments surrounding IBM put it "back in the conversation."

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"Back in the Conversation:" IBM Turns Page on Legacy Tech to A.I. & Quantum

Schwab Network

"Back in the Conversation:" IBM Turns Page on Legacy Tech to A.I. & Quantum