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IBM (IBM) Reports Weak 3Q Revenues; UBS Cuts Price Target to $145
October 20, 2015 9:57 AM EDTUBS maintained a Neutral rating on IBM (NYSE: IBM), and cut the price target to $145.00 (from $170.00), following the company's 3Q15 earnings results. IBM reported weak revenues, missing consensus. EPS Beat Consensus estimates by 4c.
Analyst Steven Milunovich commented, "IBM reported a weak... More
Deutsche Bank Cuts Price Target Following IBM's (IBM) 4c EPS Beat
October 20, 2015 9:22 AM EDTDeutsche Bank maintained a Hold rating on IBM (NYSE: IBM), and cut the price target to $150.00 (from $160.00), following the company's 3Q15 earnings report. IBM reported F3Q-15 sales of $19.28B and EPS of $3.34, mixed versus the
Street at $19.6B / $3.30.
Analyst Sherri... More
Drexel Hamilton Cuts Price Target to $170 Following IBM (IBM) 3Q Results
October 20, 2015 8:56 AM EDTDrexel Hamilton reiterated a Buy rating on IBM (NYSE: IBM), and cut the price target to $170.00 (from $176.00), following the company's 3Q15 earnings results. Analyst Brian White continues to believe that IBM represents an attractive contrarian play for investors given that the sell-side analyst... More
IBM (IBM) Reports 3c EPS Beat; RBC Capital Cuts Price Target to $150
October 20, 2015 8:49 AM EDTRBC Capital maintained a Sector Perform rating on IBM (NYSE: IBM), and cut the price target to $150.00 (from $155.00), following the company's 3Q15 earnings report. Revenue of $19.3B was below expectations, with the Street at $19.6B. Operating EPS of $3.34 was ahead of Street estimates of $3.31.
Analyst Amit Daryanani... More
IBM (IBM) Beat 3Q EPS by 3c; Jefferies Remains Bearish
October 20, 2015 7:57 AM EDTJefferies reiterated an Underperform rating and $125.00 price target on IBM (NYSE: IBM) following the company's 3Q15 earnings report. Q3 revenue hit $19.28B, missing Consensus of $19.6B. Q3 EPS of $3.34 modestly beat the Street's $3.31. IBM guided 2015 EPS to $14.75- $15.75 vs. prior guidance of $15.75-$16.50 (Street = $15.67).... More
BMO Capital Cuts Price Target to $155 Following IBM's (IBM) 3Q Earnings
October 20, 2015 6:51 AM EDTBMO Capital maintained a Market Perform rating on IBM (NYSE: IBM), and cut the price target to $155.00 (from $165.00), following the company's 3Q15 earnings results. Analyst Keith Bachman believes that IBM faces a long transition driven by pressure in legacy business units/products that... More
