IBM (IBM) Tops Q1 EPS by 14c, Revenue Beats

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Go back to IBM (IBM) Tops Q1 EPS by 14c, Revenue Beats

IBM (IBM) PT Raised to $151 at Stifel

April 20, 2021 6:42 AM EDT

Stifel analyst David Grossman raised the price target on IBM (NYSE: IBM) to $151.00 (from $147.00) while maintaining a Buy rating.

The analyst commented, "IBM reported above consensus 1Q results (no quarterly guide) and reiterated annual guidance. Software and professional services (GBS) growth improved... More