IBM (IBM) Tops Q4 EPS by 3c, FY19 EPS Guidance Beats Consensus

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IBM (IBM) Surges as Much as 10% for Best Intraday Gain in Decade - Bloomberg

January 23, 2019 9:49 AM EST

IBM (NYSE: IBM) Surges as Much as 10% for Best Intraday Gain in Decade - Bloomberg

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IBM (IBM) PT Raised to $160 at RBC Capital on 'Impressive' Qtr

January 23, 2019 6:51 AM EST

RBC Capital analyst Amit Daryanani raised the price target on IBM (NYSE: IBM) to $160.00 (from $155.00) while maintaining a Outperform rating following an "impressive" quarter and better than expected guidance.

The analyst notes IBM is seeing improved gross-margin performance across all segments (except for cyclical headwinds in hardware).

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