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Stifel Reiterates Buy on IBM (IBM) Ahead of 2Q Release

July 13, 2018 8:47 AM EDT

Stifel reiterated a Buy rating and $182.00 price target on IBM (NYSE: IBM) ahead of the company's 2Q earnings report. Analyst David Grossman estimates the appreciation of the USD is an incremental 100-150bp headwind to revenue growth over the next 6-18 months. Holding all else... More