IBM (IBM) PT, Estimates Cut at BofA/Merrill Lynch Post Q3
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Evercore Partners Downgrades IBM (IBM) to Hold
October 21, 2014 6:51 AM EDTEvercore Partners downgraded IBM (NYSE: IBM) from Buy to Hold with a price target of $180.00.
For an analyst ratings summary and ratings history on IBM click here. For more ratings news on IBM click here.
Shares of IBM closed at $169.10 yesterday.
... MoreRBC Capital Comments on IBM's (IBM) Asset Divestiture; Globalfoundires Going Public
October 20, 2014 3:37 PM EDTRBC Capital comments on IBM (NYSE: IBM) following news that it is selling it's global commercial semiconductor technology business, including intellectual property, world-class technologists and technologies related to IBM Microelectronics.
Analyst Doug Freedman said, When does Globalfoundries Go Public? When Sanjay K. Jha was appointed CEO in January 2014, many investors thought that the appointment signaled that GlobalFoundries may begin to pursue an IPO in the next 1-2 years from early 2014. Now that we are almost through the calendar year with... More
IBM (IBM) Posts Q3 EPS of $3.68
October 20, 2014 7:05 AM EDTIBM (NYSE: IBM) reported Q3 EPS of $3.68, $0.64 worse than the analyst estimate of $4.32. Revenue for the quarter came in at $22.4 billion versus the consensus estimate of $23.37 billion.
We are disappointed in our performance. We saw a marked slowdown in September in client buying... More

