Exane BNP Paribas initiated coverage of IBM with an Underperform rating and $145 price target. The firm says spend intentions are deteriorating for IBM and for containers.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IBM:
- IBM Submits Quarterly Financial Report
- Looking to Reduce Volatility? Check Out the AUSF ETF
- IBM approves increase in dividend to $1.67 per common share
- IBM BOARD APPROVES INCREASE IN QUARTERLY CASH DIVIDEND FOR THE 29th CONSECUTIVE YEAR
- IBM signs agreements with government of Canada, Quebec valued at C$187M