IBM reports worst revenue in 14 years, shares slide
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
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

