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Societe Generale Downgrades IBM (IBM) to Sell

October 17, 2012 7:13 AM
Societe Generale downgraded IBM (NYSE: IBM) from Hold to Sell with a price target of $188 following mixed third quarter results.

For an analyst ratings summary and ratings history on IBM click here. For more ratings news on IBM click here.

Shares of IBM closed at $211.00 yesterday, with a 52 week range of $176.17-$211.79.

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