IBM (IBM) Tops Q4 EPS by 13c, FY17 EPS Guidance Beats Consensus

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Drexel Hamilton Reiterates Buy on IBM (IBM) Following 4Q Report

January 20, 2017 7:37 AM EST

Drexel Hamilton reiterated a Buy rating and $186.00 price target on IBM (NYSE: IBM) following the company's 4Q earnings report. IBM reported 4Q:16 sales of $21.77 billion that beat the Street consensus at $21.63 billion. EPS of $5.01 was above the Street's estimate of $4.88 but driven... More