IBM shares tumble on soft results amid high expectations
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
Goldman Sachs Reiterates Conviction Buy Rating on IBM (IBM)
October 24, 2024 6:18 AM EDTGoldman Sachs analyst James Schneider reiterated a Conviction Buy rating and $250.00 price target on IBM (NYSE: IBM)
The analyst comments "Key stock takeaways: We expect the stock to pull back following results, as strength in Software was offset by a revenue miss in Consulting and Infrastructure, with tepid Consulting revenue likely continuing into early 2025.... More
