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flag IBM reported strong earnings and raised its dividend, despite some investors reducing their holdings.

flag IBM reported strong earnings, surpassing estimates with a $1.60 EPS and increased its dividend to $1.68 per share. flag Despite some institutional investors reducing their holdings, including Marks Group Wealth Management Inc., which sold 315 shares, Zullo Investment Group Inc. increased its stake by 59 shares. flag IBM's stock is rated a "Moderate Buy" with a target price of $259.06, reflecting positive analyst sentiment.

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