IBM Reports 2021 Second-Quarter Results

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IBM (IBM) PT Raised to $176 at BofA Securities

July 20, 2021 6:39 AM EDT

BofA Securities analyst Wamsi Mohan raised the price target on IBM (NYSE: IBM) to $176.00 (from $175.00) while maintaining a Buy rating.

Strong execution supports confidence in growth in C22... More

IBM (IBM) Tops Q2 EPS by 4c

July 19, 2021 4:09 PM EDT

IBM (NYSE: IBM) reported Q2 EPS of $2.33, $0.04 better than the analyst estimate of $2.29. Revenue for the quarter came in at $18.7 billion versus the consensus estimate of $18.29 billion.

Full-Year 2021 Expectations:

The company expects to grow revenue for the full year 2021 based... More