IBM RELEASES FIRST QUARTER RESULTS

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IBM (IBM) PT Raised to $166 at Credit Suisse

April 20, 2022 6:52 AM EDT

Credit Suisse analyst Sami Badri raised the price target on IBM (NYSE: IBM) to $166.00 (from $165.00) while maintaining a Outperform rating.

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IBM (IBM) Tops Q1 EPS by 2c, Sees Revenue Growth at High End of Model

April 19, 2022 4:08 PM EDT

(Updated - April 19, 2022 4:15 PM EDT)

IBM (NYSE: IBM) reported Q1 EPS of $1.40, $0.02 better than the analyst estimate of $1.38. Revenue for the quarter came in at $14.2 billion versus the consensus estimate of $13.85 billion.

"Demand for hybrid cloud and AI drove growth in... More