Wed, Jul 23, 2014, 3:16 PM EDT - U.S. Markets close in 44 mins.

Recent

% | $
Click the to save as a favorite.

International Business Machines Corporation Message Board

  • qofaslave69 qofaslave69 Jan 23, 2013 9:20 AM Flag

    BMO Boosts Target $233

    BMO Capital analyst Keith Bachman raised estimates and his price target on IBM (NYSE: IBM) from $220 to $233 following Q4 results. He maintained a Market Perform rating.

    Bachman said Q4 results were largely in-line but notes "with a modest negative sentiment heading into the report, we think IBM is poised for some relief, particularly given the relative underperformance of the shares in CY12."

    He raised FY13 estimates from $16.82 to $16.84 and our FY14 estimates from $18.43 to $18.50.

    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 $196.08 yesterday, with a 52 week range of $181.85-$211.79.

 
IBM
193.99-0.10(-0.05%)3:16 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.