IBM Delivers New All-flash Storage for Cognitive Workloads

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Stifel Raises Price Target on IBM (IBM) to $192 Ahead of 4Q Report

January 12, 2017 8:36 AM EST

Stifel reiterated a Buy rating on IBM (NYSE: IBM), and raised the price target to $192.00 (from $165.00), ahead of the company's 4Q earnings report.

Analyst David Grossman commented, "IBM will report after the close 1/19. While this remains a company in transition, the... More