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Fly News Breaks for January 22, 2020
IBM
Jan 22, 2020 | 05:57 EDT
Citi analyst Jim Suva raised his price target for IBM to $155 from $140 following the company's "impressive" Q4 results and outlook. IBM trends are improving, says the analyst, who looks to see if the company can improve its signings to show positive growth which he notes that on a rolling four quarter basis continues to be negative. Suva keeps a Neutral rating on IBM shares.
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