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IBM (NYSE: IBM) Price Target Raised Amid Strong Q3 Earnings and Software Growth

Jefferies raises IBM's price target to $280, implying 11.3% upside from its current share price. IBM surpasses Q3 revenue of $17.1 billion and adjusted earnings of $2.95 per share, driven by software and System Z sales. Software revenue grows 9%, with significant contributions from Red Hat and…

Andrew Wynn

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