IBM surges over 10% in pre-market trading
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Golden Finance June 1|IBM's US stock surged more than 10% in pre-market trading, reaching $329.39. According to reports, the company recently announced a quantum computing investment plan worth over $10 billion, which led several investment banks to raise their target price for IBM. Among them, Barclays initiated coverage on IBM with an "Overweight" rating and a target price of $350; Melius Research raised its IBM target price to $390.
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