BMO Capital Raises Price Target on IBM (IBM) to $165; Reiterates Market Perform

Deutsche Bank Raises Price Target on IBM (IBM) to $145 Following 2Q Results

July 19, 2016 10:15 AM EDT

Deutsche Bank reiterated a Hold rating on IBM (NYSE: IBM), and raised the price target to $145.00 (from $135.00), following the company's 2Q earnings report. Both sales and EPS came in above expectations. However, IBM benefited by 2ppt Y/Y, or roughly $400M from acquisitions. Excluding... More

UBS Remains Sidelined on IBM (IBM) Following 2Q - PT to $160

July 19, 2016 9:19 AM EDT

UBS reiterated a Neutral rating on IBM (NYSE: IBM), and raised the price target to $160.00 (from $150.00), following the company's 2Q earnings report.

Analyst Steven Milunovich commented, "Our view on IBM has been steadfastly neutral. We think the bears don't give IBM... More

Drexel Hamilton Raises price Target on IBM (IBM) to $186 Following Strong 2Q Report

July 19, 2016 7:24 AM EDT

Drexel Hamilton reiterated a Buy rating on IBM (NYSE: IBM), and raised the price target to $186.00 (from $166.00), following the company's 2Q earnings report. IBM reported 2Q sales of $20.24 billion, ahead of the Street estimate of $20.05 billion. Pro forma EPS of $2.95 was above the Street's estimate of... More

IBM (IBM): High 2H Expectations Keep Rating at Sector Perform But Higher Multiple Increases PT - RBC

July 19, 2016 6:32 AM EDT

RBC Capital analyst, Amit Daryanani, maintained his Sector Perform rating on shares of IBM (NYSE: IBM). IBM reported not just an EPS beat but also modest revenue upside in June-qtr and maintained their CY16 EPS (at least $13.50) and FCF expectations (higher end of $11-12B).... More

IBM (IBM) Tops Q2 EPS by 6c; Reaffirms Outlook

July 18, 2016 4:10 PM EDT

IBM (NYSE: IBM) reported Q2 operating EPS of $2.95, versus the analyst estimate of $2.89. Revenue for the quarter came in at $20.2 billion versus the consensus estimate of $20.03 billion.

"IBM continues to establish itself as the leading cognitive solutions and cloud platform company. In doing... More

Wall St. sets records again, led by tech, bank stocks

July 18, 2016 7:36 AM EDT

By Lewis Krauskopf and Rodrigo Campos

(Reuters) - Wall Street closed slightly higher on Monday to mint new record highs for the S&P 500 and the Dow industrials, fueled by Bank of America's better-than-expected profit and a major tech sector acquisition.

SoftBank's $32-billion deal to buy British chip designer ARM Holdings (NASDAQ: ARMH) lifted U.S. chip stocks, and the technology sector led the way higher on the S&P 500. The tech-heavy Nasdaq rose more than the S&P and the Dow.

Bank of America's (NYSE:... More

Stocks with Implied Volatility Movement

July 18, 2016 5:23 AM EDT

IBM (NYSE: IBM) had wide implied volatility movement Option volume flows

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IBM (IBM) weekly calls active into Q2 and outlook

July 15, 2016 1:49 PM EDT

IBM (NYSE: IBM) July weekly 160 and 162.5 calls are active on total call volume of 21K contracts (8K puts) into the expected release of Q2 on July 18. July weekly call option implied volatility is at 40, August is at 22; compared to its 52-week range of 15 to 34.

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IBM (IBM): Q2 Should Be In Line But Acquisitions and Reinvestments Bear Watching - Wells Fargo

July 15, 2016 10:18 AM EDT

Wells Fargo analyst, Maynard Um, expects IBM (NYSE: IBM) Q2 revs to be roughly in line with his $20B est. (Street: $20.1B) and EPS to be toward higher end of implied guide of $2.78-$2.91 (Wells Fargo: $2.89; Street: $2.88). However, recent acquisitions should help contribute to... More

Drexel Hamilton Reiterates Buy on IBM (IBM) Ahead of 2Q Report

July 15, 2016 8:55 AM EDT

Drexel Hamilton reiterated a Buy rating and $166.00 price target on IBM (NYSE: IBM) ahead of the company's 2Q earnings report. IBM is scheduled to report its earnings results on July 18th.

Analyst Brian White commented, "We believe IBM will beat our 2Q:16 revenue... More

IBM (IBM) July weekly volatility increases into Q2 and outlook

July 15, 2016 7:07 AM EDT

IBM (NYSE: IBM) July weekly call option implied volatility is at 37, August is at 21 compared to its 52-week range of 16 to 37 into the expected release of Q2 results on July 19.

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