International Business Machines Corporation (NYSE:IBM – Get Free Report)’s share price traded up 3.7% on Wednesday after UBS Group upgraded the stock from a sell rating to a neutral rating. UBS Group now has a $236.00 price target on the stock. International Business Machines traded as high as $239.55 and last traded at $237.7540. 8,421,281 shares changed hands during trading, an increase of 40% from the average session volume of 6,014,821 shares. The stock had previously closed at $229.32.

Other equities analysts have also issued reports about the stock. Evercore lifted their target price on shares of International Business Machines from $330.00 to $345.00 and gave the company an “outperform” rating in a…