Stokes Capital Advisors LLC Raises Stock Holdings in International Business Machines Corporation $IBM

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Stokes Capital Advisors LLC increased its stake in International Business Machines (IBM) by 12.9% in Q4, holding 20,839 shares worth approximately $6.17 million. This move is part of a broader trend of increased institutional ownership, with IBM’s stock currently having a “Moderate Buy” rating from analysts and a consensus price target of $314.60. The company recently exceeded earnings expectations and saw insider share purchases, indicating positive sentiment.

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