IBM (IBM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this technology and consulting company have returned +16.

Oppenheimer initiated coverage of International Business Machines (NYSE:IBM) with an “Outperform” rating and a $320 price target, citing the company’s transformation into a software-driven business with strong growth potential.

IBM (NYSE:IBM) was initiated with an Outperform rating by Oppenheimer due in part to double-digit revenue growth in its software segment, driven by its Red Hat offerings. "Red Hat specifically has recently expanded its product focus with multiple partner integrations that can help drive a high-teens to 20% growth for the segment,