Scalper1 News
Analysts lowered their price target on IBM (IBM) after the tech giant reported fourth-quarter earnings after the market close Tuesday, showing its 15th quarter in a row of year-over-year revenue declines. While IBM beat the consensus estimate, its overall guidance for 2016 fell short of estimates, as Big Blue continues to struggle with a major reorganization. In a sharply lower day for equities, IBM was down nearly 6%, sitting near 121, in Scalper1 News
Scalper1 News