IBM to cut 3,900 jobs - Bloomberg News

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/14/2026

1. WDAY
2. JNJ
3. AAPL
4. META
5. NVDA
6. AMAT
7. NRIX
8. SPY
9. OIG
10. BAC

Go back to IBM to cut 3,900 jobs - Bloomberg News

IBM (IBM) earnings provoke's mixed reaction from Wall Street analysts

January 26, 2023 9:45 AM EST

Wall Street analysts provided a mixed reaction to IBM's (NYSE: IBM) latest earnings release, which saw it beat analyst consensus expectations, with profit coming in at $3.60 per share on revenue of $16.7 billion.

Stifel analyst David Grossman cut his price target on IBM to $150 from $158 following the release, stating that the company's stable revenue trend was overshadowed by its... More