IBM Related New Coverage
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Tigress Financial Partners Starts IBM (IBM) at Neutral
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Topeka Capital Starts IBM (IBM) at Buy, $245 PT
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Analysts Hesitated to Pull Trigger on Pegasystems (PEGA) As IBM (IBM) Steps Up Competition
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Citi Starts IBM (IBM) at Buy
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Jefferies Starts IBM (IBM) at Hold, Valuation Full
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UPDATE: UBS Starts Cornerstone OnDemand (CSOD) at Neutral; Attractive Pure-Play
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Wedbush Starts Informatica (INFA) at Outperform; Recent Miss Offers Compelling Opportunity
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Wedbush Starts Tibco Software, Inc. (TIBX) at Outperform; Strong Channel Checks; Eventual Takeout?
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UPDATE: UBS Starts IBM (IBM) at Neutral; Superior Execution, But Fairly Priced
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Wells Fargo Resumes IBM (IBM) at Market Perform
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Sterne Agee Starts IBM (IBM) at Buy
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Evercore Starts AAPL, IBM, EMC at Overweight, DELL, NTAP at Equalweight, HPQ at Underweight
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ISI Group Starts IBM (IBM) at Hold
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UPDATE - Macquarie Initiates Coverage on IBM (IBM) with an Outperform; A Smarter Company
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Macquarie Starts IBM (IBM) at Outperform
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FBN Securities Starts Apple (AAPL), Dell (DELL), IBM (IBM) at Outperform, HP (HPQ) at Sector Perform
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UPDATE: Credit Suisse Starts IBM (IBM), EPS of $21.95 By 2015
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UPDATE - Credit Suisse Initiates Coverage on Dell, Inc (DELL) with an Underperform; In Need Of A Transformation, But Lacking Firepower
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Credit Suisse Starts Tech Stocks: AAPL, HPQ, EMC at Outperform, IBM, NTAP, XRX at Neutral, DELL, LXK at Underperform
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Capstone Starts IBM (IBM) at Buy, Sets $190 Price Target
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Janney Montgomery Scott Starts IBM (IBM) at Buy; Still the Right Time for Big Blue
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Goldman Sachs Resumes IBM (IBM) at Neutral
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Gleacher & Co. Resumes Coverage on Hewlett-Packard (HPQ) with a Buy; Everything has a Price
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Wells Fargo Resumes IBM (IBM) at Outperform, Sets $147-$152 Target Range
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Wells Fargo Starts Numerous Large Cap Tech Stocks: AAPL, GOOG, IBM, NTAP at Outperform
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Kaufman Starts IBM (IBM) at Hold, Sets $135 Price Target
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Collins Stewart Initiates Coverage on IBM (IBM) with a Buy; Catalysts Near-Term and Long-Term
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RBC Capital Resumes IBM (IBM) with a Sector Perform
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Collins Stewart Initiates Coverage on Dell (DELL) with a Hold; Recent Turmoil in Int'l Markets
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Macquarie Initiates Coverage on Computer Services Stocks
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Wedbush Initiates Coverage on Open Text (OTEX) with a Neutral; Near-Term Execution Risks
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Deutsche Bank Initiates Coverage on STEC, Inc. (STEC) with a Buy
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Auriga Initiates Coverage on Cisco Systems (CSCO) with a Hold; Concerns on Long-Term Growth Potential
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Goldman Sachs Downgrades IBM (IBM) to Neutral; EMC & NTAP Resumed at Neutral
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Broadpoint.AmTech Initiates Coverage on IBM Corporation (IBM) with a Neutral; Valuation 'Full'
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Cowen & Co initiates coverage on IBM (IBM) with an Outperform
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Canaccord Adams Initiates Coverage on Cisco Systems (CSCO) with a Buy
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Caris & Co Initiates Coverage on IBM (IBM) with an Above Average Rating
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UBS Starts IBM (IBM) at Neutral
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Credit Suisse Starts IBM (IBM) at Neutral
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Societe Generale Initiates Coverage on IBM (IBM) with a Sell
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BMO Capital Initiates Coverage on IBM (IBM) with an Outperform
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Lehman Bros. Initiates Coverage on IBM Corp (IBM) with an Overweight
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Merrill Lynch Reinstates Coverage on Diversified Computer Systems & Software
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American Technology Research Starts IBM (IBM) at Buy
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StreetInsider.com Notable Analyst Rating Changes 10/15
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Wachovia Starts Semiconductors and Computer Hardware at Overweight, Wireless Handsets at Market Weight
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Davenport Initiates Coverage on IBM (IBM) with a Strong Buy
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Banc of America Starts IBM (IBM) at Neutral
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Prudential Starts IBM (IBM) at Neutral
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