IBM (IBM) Reports In-Line Q1 EPS; Sees FY EPS Above the Street
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Goldman Sachs Comments on Weakness in IBM's (IBM) Q1
April 17, 2014 7:26 AM EDTGoldman Sachs maintained a Neutral rating on IBM (NYSE: IBM) and trimmed its price target to $173.00 (from $175.00). The change follows Q1 results.
Analyst Bill Shope said "All things considered, comparable EPS of $2.45 was below our estimate and consensus. IBM now expects its full-year 2014 tax rate to be 20%,... More
IBM (IBM) Continues to Post 'Low Quality' Results - BMO Capital
April 17, 2014 7:24 AM EDTBMO Capital analyst Keith Bachman reiterated a Market Perform rating and $195 price target on IBM (NYSE: IBM) following "low-quality earnings."
Bachman comments, "Given that IBM continues to generate low-quality earnings through buybacks and tax rates, we question if establishing annual and long-term EPS... More
