Evercore Partners Downgrades IBM (IBM) to Hold
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IBM (IBM) PT, Estimates Cut at BofA/Merrill Lynch Post Q3
October 21, 2014 8:56 AM EDTBofA/Merrill Lynch analyst Wamsi Mohan lowered his price target on Neutral-rated IBM (NYSE: IBM) to $185.00 (from $200.00) following weak Q3 results and lower guidance. The firm sees shares range-bound.
Mohan commented, "In our opinion, the reset in expectations provides an opportunity for... More
