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Barchart
Wajeeh Khan

JPMorgan Just Upgraded IBM Stock. Here's Why.

JPMorgan’s senior analyst Brian Essex believes International Business Machines (IBM) shares are poised for significant gains in the back half of 2026.

In a research note this morning, Essex upgraded his rating on IBM to “Overweight” and raised his price target to $291, signaling potential upside of about 11% from current levels.

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