IBM Had A Strong Q3, But Some Analysts Have Lowered Estimates On The Stock - Here's Why

IBM Had A Strong Q3, But Some Analysts Have Lowered Estimates On The Stock – Here’s Why

October 27, 2023

in Stocks

Reading Time: 2 mins read

BMO Capital Markets analyst Keith Bachman reiterated the Market Perform rating on International Business Machines Corporation (NYSE:IBM), raising the price target to $155 from $152.

IBM registered Q3 revenue of $14.752 billion versus estimate of $14.73 billion.

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IBM Had A Strong Q3, But Some Analysts Have Lowered Estimates On The Stock – Here’s Why

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IBM Had A Strong Q3, But Some Analysts Have Lowered Estimates On The Stock – Here’s Why

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