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IBM reports strong quarterly earnings, surpassing expectations, with increased revenue and dividends.
IBM reported strong quarterly earnings with a revenue of $14.54 billion and earnings per share of $1.60, surpassing market expectations.
The company announced a quarterly dividend of $1.68, resulting in a 2.50% yield.
Multiple firms have adjusted their stakes in IBM, with Moss Adams Wealth Advisors acquiring an 8.7% stake.
Bank of America raised its price target to $290, though the overall consensus among analysts remains a "Hold" with an average target of $249.06.
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IBM informa de fuertes ganancias trimestrales, superando las expectativas, con mayores ingresos y dividendos.