IBM.BA is trading 6.67% up at $32640.00 following a Bank of America price target hike and growing optimism over the company's AI and software segments.
- BofA raised its price target for the stock to $330 from $315, citing stronger recent momentum.
- Market attention is shifting toward IBM’s upcoming earnings report on July 22, with investors anticipating further AI-related catalysts.
- The sharp move reflects a broader bullish sentiment regarding the company's recent software performance and strategic positioning.