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IBM

IBM

$141.90

-2.08 (-1.44%)

18:22
04/16/19
04/16
18:22
04/16/19
18:22

IBM SVP, Global Markets: Overall margins are up

In an interview on CNBC's Mad Money, IBM SVP, Global Markets Martin Schroeter said: We want to grow revenue, but we want to make sure it's in the right places... We've been very selective about global technology investments... We are still going through the regulatory process to acquire Red Hat... The Red Hat deal should be completed in the second half... Red hat is a gem in the space.

  • 16

    Apr

  • 30

    Apr

IBM IBM
$141.90

-2.08 (-1.44%)

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".

TODAY'S FREE FLY STORIES

WMT

Walmart

$103.51

0.45 (0.44%)

05:44
04/25/19
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05:44
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UK CMA prohibits merger of Walmart subsidiary Asda with Sainsbury's »

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UBS

UBS

$13.16

0.07 (0.53%)

05:41
04/25/19
04/25
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05:41
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UBS sees higher recurring revenues in Global Wealth Management, Asset Management »

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FB

Facebook

$182.64

-1.13 (-0.61%)

05:38
04/25/19
04/25
05:38
04/25/19
05:38
Recommendations
Facebook price target raised to $215 from $195 at Baird »

Baird analyst Colin…

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UBS

UBS

$13.16

0.07 (0.53%)

05:37
04/25/19
04/25
05:37
04/25/19
05:37
Earnings
UBS reports Q1 EPS 30c, consensus 24c »

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PYPL

PayPal

$107.18

0.27 (0.25%)

05:35
04/25/19
04/25
05:35
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05:35
Recommendations
PayPal analyst commentary at Baird »

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NOW

ServiceNow

$242.41

-1.085 (-0.45%)

05:32
04/25/19
04/25
05:32
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05:32
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ServiceNow analyst commentary  »

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  • 05

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CTXS

Citrix

$100.45

-0.4 (-0.40%)

05:29
04/25/19
04/25
05:29
04/25/19
05:29
Recommendations
Citrix analyst commentary  »

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ALGN

Align Technology

$297.12

1.14 (0.39%)

05:27
04/25/19
04/25
05:27
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05:27
Recommendations
Align Technology analyst commentary at Piper Jaffray »

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  • 15

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MSFT

Microsoft

$125.00

-0.5 (-0.40%)

05:24
04/25/19
04/25
05:24
04/25/19
05:24
Recommendations
Microsoft analyst commentary  »

Jefferies boosts…

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IRBT

iRobot

$100.39

-30.03 (-23.03%)

05:21
04/25/19
04/25
05:21
04/25/19
05:21
Recommendations
iRobot analyst commentary at Piper Jaffray »

iRobot needs…

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  • 22

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SWI

SolarWinds

$19.77

0.325 (1.67%)

05:17
04/25/19
04/25
05:17
04/25/19
05:17
Recommendations
SolarWinds analyst commentary at Jefferies »

SolarWinds price target…

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  • 16

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XLNX

Xilinx

$139.79

2.66 (1.94%)

05:15
04/25/19
04/25
05:15
04/25/19
05:15
Downgrade
Xilinx rating change  »

Xilinx downgraded to…

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  • 14

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SIRI

Sirius XM

$5.71

-0.43 (-7.00%)

05:13
04/25/19
04/25
05:13
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05:13
Upgrade
Sirius XM rating change  »

Sirius XM upgraded to Buy…

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  • 23

    May

APC

Anadarko

$71.41

7.29 (11.37%)

05:07
04/25/19
04/25
05:07
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05:07
Downgrade
Anadarko rating change  »

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  • 14

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CARO

Carolina Financial

$36.91

0.49 (1.35%)

05:06
04/25/19
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05:06
Earnings
Carolina Financial reports Q1 operating EPS 65c, consensus 69c »

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  • 25

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JBAXY

Julius Baer

$0.00

(0.00%)

05:06
04/25/19
04/25
05:06
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05:06
Downgrade
Julius Baer rating change  »

Julius Baer downgraded to…

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GD

General Dynamics

$180.67

-1.66 (-0.91%)

05:04
04/25/19
04/25
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05:04
Upgrade
General Dynamics rating change at JPMorgan »

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NAVI

Navient

$12.96

0.51 (4.10%)

05:03
04/25/19
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05:03
Upgrade
Navient rating change  »

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PTC

PTC

$101.94

1.12 (1.11%)

05:02
04/25/19
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05:02
Downgrade
PTC rating change  »

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DB

Deutsche Bank

$8.50

-0.04 (-0.47%)

04:59
04/25/19
04/25
04:59
04/25/19
04:59
Earnings
Deutsche Bank expects Q1 net income EUR 200M, revenue EUR 6.4B »

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  • 26

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DB

Deutsche Bank

$8.50

-0.04 (-0.47%)

, CRZBY

Commerzbank

$0.00

(0.00%)

04:57
04/25/19
04/25
04:57
04/25/19
04:57
Hot Stocks
Deutsche Bank ends merger talks with Commerzbank, still reviewing alternatives »

Deutsche Bank (DB)…

DB

Deutsche Bank

$8.50

-0.04 (-0.47%)

CRZBY

Commerzbank

$0.00

(0.00%)

03/08/13
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  • 26

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CRZBY

Commerzbank

$0.00

(0.00%)

, DB

Deutsche Bank

$8.50

-0.04 (-0.47%)

04:55
04/25/19
04/25
04:55
04/25/19
04:55
Hot Stocks
Commerzbank announces end of merger talks with Deutsche Bank »

Commerzbank (CRZBY)…

CRZBY

Commerzbank

$0.00

(0.00%)

DB

Deutsche Bank

$8.50

-0.04 (-0.47%)

03/08/13
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04:55
04/25/19
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04:55
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04:55
General news
Breaking General news story  »

Week of 4/20 Jobless…

04:55
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04/25
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04:55
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Breaking General news story  »

Week of 4/19 EIA Natural…

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Breaking General news story  »

Week of 4/24 Fed Balance…

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