By Vardah Gill
Publication Date: 2026-01-29 17:26:00
International Business Machines Corporation (NYSE:IBM) is included among the 12 Best Dow Jones Dividend Stocks to Buy According to Hedge Funds.
Image by Alexsander-777 from Pixabay
On January 21, JPMorgan raised its price target on International Business Machines Corporation (NYSE:IBM) to $312 from $290 and kept a Neutral rating on the stock. The firm expects IBM to post “solid” fourth-quarter results, driven by faster growth in software. Strength in automation and Red Hat is expected to help as transaction processing activity begins to recover. That said, JPMorgan cautioned that much of this optimism already appears to be reflected in the share price at current levels.
Picking clear winners in AI is still messy, but IBM has carved out a lane that plays to its strengths. It has already lined up $9.5 billion in AI-related business, most of it tied to consulting rather than pure software. That is…
