IBM's (IMB) 2016 Guidance Still Needs to Come Down - Bernstein
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Drexel Hamilton Cuts Price Target on IBM (IBM) Following 4Q Earnings
January 20, 2016 8:18 AM ESTDrexel Hamilton maintained a Buy rating on IBM (NYSE: IBM), and cut the price target to $160.00 (from $170.00), following the company's 4Q earnings report. Drexel expects that IBM will remain in transition mode in 2016; however, the company has set the EPS bar low and sentiment... More
RBC Capital Cuts Price Target on IBM (IBM) Following 4Q EPS Beat
January 20, 2016 7:17 AM ESTRBC Capital maintained a Sector Perform rating on IBM (NYSE: IBM), and cut the price target to $135.00 (from $145.00), following the company's 4Q warnings report. IBM reported revenue of $22.1B which was in-line with Street expectations, while operating EPS of $4.84 was ahead of Street estimates of $4.81.
Analyst... More
