"We are initiating coverage of IonQ with a Buy rating and $70 12-month price target." Bank of America reiterates Roblox as buy The firm raised its price target to $133 per share from $103. "We see an extended runway for mid-20% growth as users worldwide adopt Roblox's Metaverse, in a virtuous cycle that will draw developers, brands, and merchants to the platform." Bank of America reiterates Advanced Micro Devices as buy Bank of America raised its price target on the stock to $200 per share from $175 ahead of earnings next week. "Particularly, we also flag AMD now has a comfortable ASP premium over INTC, +17% on average in PCs, +64% in servers." Bank of America reiterates IBM as buy Bank of America said shares of IBM have more room to run. "We view IBM as a defensive investment given its high exposure to recurring sales, cost cutting levers, solid balance sheet, potential share gains, and relatively stable margins."