IBM Reports 2019 First-Quarter Results

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IBM (IBM) PT Raised to $169 at Stifel

April 17, 2019 7:43 AM EDT

Stifel analyst David Grossman raised the price target on IBM (NYSE: IBM) to $169.00 (from $145.00) while maintaining a Buy rating following the company's 1Q earnings report. 1Q revenue declined 1% cc, which was below consensus and guidance; EPS of $2.25 was in line and 2018 guidance reiterated.... More

IBM (IBM) PT Raised to $155 at BMO Capital

April 17, 2019 6:50 AM EDT

BMO Capital analyst Keith Bachman raised the price target on IBM (NYSE: IBM) to $155.00 (from $147.00) while maintaining a Market Perform rating.

Q1 a tad disappointing in terms of revenuesslowly moving in the right direction by acquiring Red Hat and disposing of underperforming assets... More

IBM (IBM) Tops Q1 EPS by 3c, Maintains FY EPS and free cash flow expectations

April 16, 2019 4:06 PM EDT

IBM (NYSE: IBM) reported Q1 EPS of $2.25, $0.03 better than the analyst estimate of $2.22. Revenue for the quarter came in at $18.2 billion versus the consensus estimate of $18.51 billion.

Maintains full-year EPS and free cash flow expectations

"In the first quarter, our cloud revenue growth accelerated, and we again grew in key, high-value areas in Cloud and Cognitive Software and... More