IBM first-quarter margins miss estimates, shares fall

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Go back to IBM first-quarter margins miss estimates, shares fall

IBM (IBM) PT Maintained at $150 at Bernstein on 1Q Report; 'Revenue Growth Elusive... Despite Strong Set of Tailwinds'

April 18, 2018 1:07 PM EDT

Bernstein maintained its price target on IBM (NYSE: IBM) at $150.00 while maintaining a Market Perform rating, following the company's first quarter earnings report.

Analyst A.M. (Toni) Sacconaghi Jr. notes "messy results" for the company, as IBM delivered revenue growth below the management's... More

Citi Remains Sidelined on IBM (IBM) Following 1Q

April 18, 2018 7:13 AM EDT

Citi reiterated a Neutral rating and $165.00 price target on IBM (NYSE: IBM) following the company's 1Q earnings report. IBM posted positive revenue growth of 5% year over year. IBM maintains its full year financial targets of at least $13.80 EPS (consensus at $13.83) and $12 billion in free... More