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Fly News Breaks for April 19, 2016
IBM
Apr 19, 2016 | 07:21 EDT
After IBM reported slightly higher than expected Q1 revenue, Stifel says that the company showed "signs of stabilization." The firm says that revenue from software/services, which had been problematic areas for the company, rose. Stifel supports the company's decision to reinvest some of its profits, and the firm keeps a $165 price target and Buy rating on the shares.
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