HashiCorp Shareholders Vote to Approve Transaction with IBM
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Bernstein SocGen Group Reiterates Market Perform Rating on IBM (IBM), 'We see potential for modest revenue upside '
July 17, 2024 6:02 AM EDTBernstein SocGen Group analyst Toni Sacconaghi reiterated a Market Perform rating and $185.00 price target on IBM (NYSE: IBM).
The analyst comments "We see potential for modest revenue upside for Q2: while the acquisition of Software AG assets did not close (as anticipated) in the quarter, currency is a modest tailwind, consensus numbers appear reasonable, and we see some potential improvement in consulting demand.... More
Evercore ISI Adds IBM (IBM) to Tactical Outperform List
July 16, 2024 6:01 AM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $215.00 price target on IBM (NYSE: IBM)
The analyst comments "We are adding IBM to our Tactical OP list ahead of their Jun-qtr results announcement on Wednesday July 24 after market close. Our call is based on improving fundamentals (RHT and Consulting) combined with muted stock price performance vs. the market (flattish vs. +11% since IBM last reported EPS on 4/24) which suggests expectations could be tempered.... More
