IBM (IBM) Tops Q1 EPS by 26c
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IBM (IBM) Still In Transition - Wells Fargo
April 19, 2016 8:28 AM EDTWells Fargo analyst, Maynard Um, believes IBM (NYSE: IBM) is making all the right moves to transform itself and build a strong foundation but like most large legacy companies, the 2016 story is still that of further pressures in its legacy businesses while balancing restructuring against strategic investments
The analyst expects IBM to announce a dividend increase on April 26 which could be a modest catalyst but the stock is likely to remain range bound until fundamentals improve.
No change to Market Perform but the valuation range... More
UBS Raises Price Target on IBM (IBM) to $150; Remains Sidelined Following 1Q
April 19, 2016 8:28 AM EDTUBS reiterated a Neutral rating on IBM (NYSE: IBM), and raised the price target to $150.00 (from $132.00), following the company's 1Q earnings report.
Analyst Steven Milunovich commented, "Although we miss the reporting of the software brands in favor of the new categories of... More
Disappointing Margins Pressures Shares of IBM (IBM) - RBC
April 19, 2016 7:18 AM EDTRBC Capital analyst, Amit Daryanani, sees further declines in IBM's (NYSE: IBM) revenue and kept his Sector Perform rating. His note contained facts about the quarter but little in the form of opinion seeming to indicate that he is not warming to the story.
IBM reported upside to Mar-qtr revenue/ EPS driven by f/x, acquisitions & Japan Tax refund. Demand remains muted though IBM is executing well on its strategic... More
