IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/28/2026
Go back to IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
April 25, 2024 6:36 AM EDT
Morgan Stanley analyst Erik Woodring lowered the price target on IBM (NYSE: IBM) to $179.00 (from $186.00) while maintaining a Equalweight rating.
The analyst comments "IBM reported 1Q rev/EPS roughly in-line with MSe, and reiterated CY24 guidance (in CC). However, emerging Consulting weakness, a... More
April 25, 2024 5:10 AM EDT
Truist Securities analyst Miller Jump downgraded HashiCorp Inc (NASDAQ: HCP) from Buy to Hold with a price target of $35.00 (from $27.00).
The analyst comments "We see the announcement as a positive outcome for HashiCorp shareholders. The company has continued to work through a... More
April 24, 2024 4:52 PM EDT
Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $215.00 price target on IBM (NYSE: IBM).
The analyst comments "We think the print is fairly strong specially the software inflection. Questions will be around Consulting deceleration here (~2% in march-qtr vs. 5% in Dec-qtr). In... More
