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BofA lifts IBM target, sees strong cash flow despite near-term margin pressure

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International Business Machines Corporation (NYSE:IBM) is one of the Trending AI Stocks on Wall Street. On January 13, BofA Securities analyst Wamsi Mohan raised the price target on the stock to $335.00 (from $315.00) while maintaining a Buy rating. Firm analysts see robust FCF outlook for IBM,…

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