🟢 IBM is trading 2.5% up today after BofA raises target to $315 and reiterates Buy rating

IBM is trading 2.5% up at $288.30 as the stock builds on momentum from recent positive analyst sentiment.

• Bank of America raised its price target to $315 from $300 on June 8, 2026, while maintaining a Buy rating, citing strong AI infrastructure demand.
• This follows a recent JPMorgan upgrade to Overweight from Neutral on June 23, 2026, with a $291 price target.
• The company also reported a Q1 2026 earnings beat on April 22, 2026.