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International Business Machines (NYSE:IBM) Trading 1% Higher - Here's Why
International Business Machines (IBM) shares rose 1% to approximately $261, with a positive “Moderate Buy” average analyst rating and an average price target of $330.07. The company recently exceeded quarterly earnings estimates and declared a quarterly dividend of $1.68 per share. Insider activity shows a director buying 1,000 shares, and institutional investors have adjusted their holdings.