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flag Financial firms vary in IBM investments as stock soars, despite analysts' "Hold" rating.

flag Financial firms like Jackson Thornton Wealth Management and Sharp Financial Services have recently invested in IBM, while others like Bank of New York Mellon Corp reduced their holdings. flag IBM's stock rose by 42.6% in the first quarter, and the company reported a strong earnings report, with EPS of $1.60, beating estimates. flag IBM also announced a quarterly dividend of $1.68 per share, yielding 2.30%. flag Despite positive financials, analysts have a "Hold" rating with a target price of $257.50.

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