INTERNATIONAL Business Machines Corp. shares rose in heavy trading in New York yesterday as some Wall Street, firms raised their price targets on the stock a day after an upbeat meeting with the computer giant's chairman,

IBM rose $6.875 to $169 on the New York Stock Exchange, where it was among the most active issues at mid afternoon.

Credit Suisse First Boston raised its 12 month target price for IBM to $195 from $165.