IBM (IBM) Tops Q2 EPS by 14c, Sales Light
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Goldman Sachs Lowers Price Target on IBM (IBM) Follow Q2 Results
July 18, 2013 10:13 AM EDTGoldman Sachs today maintained a Neutral rating on IBM (NYSE: IBM) and cuts its price target to $195.00 (from $200.00). Comments follow lackluster Q2 results yesterday, which featured light revenue.
"We continue to believe that pressures on IBM's growth markets and higher-margin revenue streams... More
IBM (IBM) Q2 Helped by Low Expectations, PT Raised - BMO Capital
July 18, 2013 8:10 AM EDTBMO Capital lifted its price target on IBM (NYSE: IBM) from $215 to $220 following Q2 results, which were helped by lower expectations. The firm maintained an Market Perform rating.
Analyst Keith Bachman comments, "Against very low expectations, IBM delivered top-line results that were about $200... More
