By Sultan Khalid
Publication Date: 2026-06-14 05:38:00
With an annual dividend yield of 2.50%, International Business Machines Corporation (NYSE:IBM) is included among the 12 High Yield Fortune 500 Stocks to Buy Now.
International Business Machines Corporation (NYSE:IBM) is a provider of global hybrid cloud and AI and consulting expertise.
On June 8, BofA analyst Wamsi Mohan boosted the firm’s price target on International Business Machines Corporation (NYSE:IBM) from $300 to $315, while keeping a ‘Buy’ rating on the shares. The revised objective represents an upside of over 15% from the current share price.
BofA believes that the demand for AI infrastructure continues to be broader, deeper, and more durable. The analyst firm raised its price targets on several tech stocks following the bullish sentiment surrounding the strong long-term demand trends expressed by industry experts at the BofA 2026 Global Technology Conference.
International Business Machines…
