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Capital Financial Group Acquires IBM Stake

Guavy AI Editorial Team
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IBM
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Capital Financial Group Inc. Co. ADV has made its largest holding in International Business Machines Corporation (NYSE:IBM) after purchasing 7,169 shares of IBM's stock for approximately $2,016,000.

This new stake makes up 1.1% of Capital Financial Group Inc. Co. ADV's investment portfolio and is the company's 20th largest holding.

International Business Machines has been a topic of interest among analysts with recent reports from Bank of America raising their price target on IBM to $330.00 and giving the stock a 'buy' rating.

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