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IBM

IBM

$145.01

1.03 (0.72%)

16:12
04/16/19
04/16
16:12
04/16/19
16:12

IBM down over 1.5% after Q1 earnings at $142.76 per share

  • 16

    Apr

  • 30

    Apr

IBM IBM
$145.01

1.03 (0.72%)

02/11/19
PIPR
02/11/19
NO CHANGE
PIPR
Piper storage survey positive for Pure Storage, Nutanix, NetApp
Piper Jaffray conducted its fiscal Q4 Storage Reseller Survey by collecting feedback from 28 resellers and distributors. While only five of 14 vendors had net positive results versus six of the 14 last quarter, the firm saw "strong results" for Pure Storage (PSTG), Rubrik, Nutanix (NTNX), Veeam and NetApp (NTAP), analyst Andrew Nowinski told investors earlier in a research note. Pure Storage also had the strongest pipeline heading into the April quarter, added the analyst. The company's results sharply improved in the survey, with 67% of resellers citing "Above Plan" results, the highest level seen in three years, says Nowinski. The stock in early trading is up 19c to $18.47. Of those surveyed by Piper, 36% of resellers said they saw a negative impact from the U.S. government shutdown, with Dell (DELL), HP/3PAR (HPQ) and IBM (IMB) the most impacted.
03/15/19
BMOC
03/15/19
DOWNGRADE
Target $53
BMOC
Market Perform
Oracle downgraded to Market Perform from Outperform at BMO Capital
BMO Capital analyst Keith Bachman downgraded Oracle (ORCL) to Market Perform from Outperform with an unchanged price target of $53 following last night's fiscal Q3 results. The stock in premarket trading is down 3%, or $1.65, to $51.40. The analyst believes Oracle can sustain ~2% constant currency revenue growth, but is "dubious" the company can improve its revenue growth rates. He does not think autonomous database or gradual unfolding of the cloud enterprise resource planning market will help Oracle's growth in fiscal 2020. As demonstrated by IBM (IBM) over the years, an aggressive buyback will not be enough to push the shares meaningfully higher without improved top-line results, Bachman tells investors in a post-earnings research note. As such, he sees a balanced risk/reward profile at current share levels.
03/26/19
BERN
03/26/19
NO CHANGE
BERN
Red Hat worth $190/share 'even as stand alone entity,' says Bernstein
Bernstein analyst Zane Chrane notes that Red Hat's (RHT) Q4 results are unlikely to have a material impact on the stock price given the expected acquisition by IBM (IBM) in the second half of 2019. However, strong growth in emerging products, continued reacceleration in RHEL revenue, and robust growth in deferred revenue and backlog all suggest the company is having increasing success in cross-selling its hybrid cloud solutions to large enterprise customers, he contends, adding that this quarter's results were "strong across the board," suggesting that the pending IBM deal is not having any negative impact on the company's execution. Chrane believes Red Hat is worth $190 per share "even as a stand-alone entity."
04/11/19
FBCO
04/11/19
INITIATION
Target $173
FBCO
Outperform
IBM initiated with an Outperform at Credit Suisse
Credit Suisse analyst Matt Cabral initiated IBM (IBM) with an Outperform rating and a price target of $173. The analyst cites the impact of the company's pending Red Hat (RHT) acquisition generating synergies while bringing together the industry expertise and incumbency to "help customers move to hybrid". Cabral adds that while IBM has sustainable free cash flow of about $12B ex-Red Hat, he expects the deal to be cash flow accretive in the first year, becoming the company's "main driver of growth".

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$DJT

DJ Transportation Average

$0.00

(0.00%)

08:21
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08:21
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DJ Transportation Average: Pivot points »

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UTL

Unitil

$54.18

0.43 (0.80%)

08:20
04/25/19
04/25
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08:20
Earnings
Unitil reports Q1 EPS $1.78 with items, consensus $1.25 »

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HMI

Huami

$11.05

-1.355 (-10.93%)

08:20
04/25/19
04/25
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08:20
Syndicate
Huami 7.93M share Secondary priced at $9.75 »

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$DJU

DJ Utility Average

$0.00

(0.00%)

08:20
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Technical Analysis
DJ Utility Average: Pivot points »

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HSIC

Henry Schein

$64.15

0.92 (1.46%)

08:20
04/25/19
04/25
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08:20
Hot Stocks
Henry Schein, MindChild Medical announce distribution, supply agreement »

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DJX

Dow Jones Industrial Average

$0.00

(0.00%)

08:20
04/25/19
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08:20
Technical Analysis
Dow Jones Industrial Average: Pivot points »

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IYT

iShares Transportation Average

$199.53

1.71 (0.86%)

08:20
04/25/19
04/25
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08:20
Technical Analysis
iShares Transportation Average: Pivot points »

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XLK

Technology Select Sector SPDR

$78.88

0.03 (0.04%)

08:19
04/25/19
04/25
08:19
04/25/19
08:19
Technical Analysis
Technology Select Sector SPDR: Pivot points »

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GOOGL

Alphabet Class A

$1,260.07

-10.53 (-0.83%)

08:19
04/25/19
04/25
08:19
04/25/19
08:19
Recommendations
Alphabet Class A analyst commentary at Wedbush »

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  • 29

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08:19
04/25/19
04/25
08:19
04/25/19
08:19
Conference/Events
UBS leisure analyst to hold an analyst/industry conference call »

Leisure, Gaming &…

XLE

Energy Select Sector SPDR

$67.30

-1.24 (-1.81%)

08:19
04/25/19
04/25
08:19
04/25/19
08:19
Technical Analysis
Energy Select Sector SPDR: Pivot points »

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VLY

Valley National

$10.35

-0.01 (-0.10%)

08:19
04/25/19
04/25
08:19
04/25/19
08:19
Earnings
Valley National reports Q1 adj. EPS 22c, consensus 22c »

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XLY

Consumer Discretionary Sector SPDR

$120.35

0.11 (0.09%)

08:19
04/25/19
04/25
08:19
04/25/19
08:19
Technical Analysis
Consumer Discretionary Sector SPDR: Pivot points »

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ENTG

Entegris

$40.85

0.18 (0.44%)

08:19
04/25/19
04/25
08:19
04/25/19
08:19
Conference/Events
Entegris management to meet with Loop Capital »

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XLB

S&P Select Materials SPDR

$57.33

-0.34 (-0.59%)

08:19
04/25/19
04/25
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08:19
Technical Analysis
S&P Select Materials SPDR: Pivot points »

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TSLA

Tesla

$258.70

-5.15 (-1.95%)

08:18
04/25/19
04/25
08:18
04/25/19
08:18
Recommendations
Tesla analyst commentary at JMP Securities »

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XLU

Utilities SPDR

$57.78

0.34 (0.59%)

08:18
04/25/19
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Technical Analysis
Utilities SPDR: Pivot points »

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XLP

Consumer Staples Sector SPDR

$56.83

0.075 (0.13%)

08:18
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Technical Analysis
Consumer Staples Sector SPDR: Pivot points »

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NOW

ServiceNow

$242.41

-1.085 (-0.45%)

08:18
04/25/19
04/25
08:18
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08:18
Recommendations
ServiceNow analyst commentary  »

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XLV

Health Care Select Sector SPDR

$87.22

-0.11 (-0.13%)

08:18
04/25/19
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08:18
Technical Analysis
Health Care Select Sector SPDR: Pivot points »

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TPL

Texas Pacific Land Trust

$899.46

3.46 (0.39%)

08:18
04/25/19
04/25
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08:18
Hot Stocks
Mission Advisors urges Texas Pacific Land shareholders to vote for Donald Cook »

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IWM

iShares Trust Russell 2000 Index Fund

$158.02

0.42 (0.27%)

08:17
04/25/19
04/25
08:17
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08:17
Technical Analysis
iShares Trust Russell 2000 Index Fund: Pivot points »

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DIA

Diamonds Fund ETF

$265.90

-0.56 (-0.21%)

08:17
04/25/19
04/25
08:17
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08:17
Technical Analysis
Diamonds Fund ETF: Pivot points »

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SPY

SPDR S&P 500 ETF Trust

$292.22

-0.64 (-0.22%)

08:17
04/25/19
04/25
08:17
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08:17
Technical Analysis
SPDR S&P 500 ETF Trust: Pivot points »

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XLF

Financial Select Sector

$27.39

-0.03 (-0.11%)

08:17
04/25/19
04/25
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Technical Analysis
Financial Select Sector: Pivot points »

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