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IBM

IBM

$140.02

-0.38 (-0.27%)

, LNVGY

Lenovo

$0.00

(0.00%)

09:09
04/25/19
04/25
09:09
04/25/19
09:09

IBM signs agreement with Lenovo Data Center Group

IBM (IBM) announced that it will support the customer experience of Lenovo's (LNVGY) Data Center Group with Cognitive and Blockchain-powered field service solutions in over 200 countries worldwide. The multi-year agreement continues to build on the IBM-Lenovo relationship that began in 2005. The agreement between IBM and Lenovo was signed in December 2018.

IBM

IBM

$140.02

-0.38 (-0.27%)

LNVGY

Lenovo

$0.00

(0.00%)

  • 30

    Apr

  • 14

    May

IBM IBM
$140.02

-0.38 (-0.27%)

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".
04/17/19
SBSH
04/17/19
NO CHANGE
Target $140
SBSH
Neutral
IBM price target raised to $140 from $130 at Citi
Citi analyst Jim Suva raised his price target for IBM to $140 from $130 and maintains a Neutral rating on the shares following the company's Q1 results. The report "can best be described as something for everyone to debate with several positives and negatives," Suva tells investors in a research note. He believes the earnings were not enough to get investors to change their view to either a more positive or more negative view.
04/17/19
BMOC
04/17/19
NO CHANGE
Target $155
BMOC
Market Perform
IBM price target raised to $155 from $147 at BMO Capital
BMO Capital analyst Keith Bachman raised his price target on IBM (IBM) to $155 after its Q1 results and affirmed FY19 outlook, saying he is modeling a "modestly higher" enterprise value to free cash flow multiple with a higher conviction to his prior forecasts for 2020 free cash flow. The analyst is also keeping his Market Perform rating on the shares, stating that while the quarter had "a lot of moving parts", revenues were "a tad disappointing" amid some weakness in emerging markets. Bachman contends that IBM is moving in the right direction with its Red Hat (RHT) acquisition, but he does not find the valuation on the stock "compelling".
LNVGY Lenovo
$0.00

(0.00%)

11/09/18
JPMS
11/09/18
UPGRADE
JPMS
Overweight
Lenovo upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Gokul Hariharan yesterday afternoon upgraded Lenovo to Overweight with a price target of HK$7.
01/11/19
GSCO
01/11/19
UPGRADE
GSCO
Buy
Lenovo upgraded to Buy from Neutral at Goldman Sachs
Goldman Sachs upgraded Lenovo to Buy saying the company's data center and mobile turnaround is tracking ahead of its expectations.
02/22/19
NOMU
02/22/19
UPGRADE
NOMU
Buy
Lenovo upgraded to Buy from Neutral at Nomura Instinet
Nomura Instinet analyst Patrick Chen upgraded Lenovo to Buy and raised his price target for the shares to HKD8.2 from HKD5.6. The earnings risks for Lenovo have largely reduced with the successful execution of smartphone business transitions, share gain at the data center hardware market, and strengthening leadership in the PC space, Chen tells investors in a research note. He believes the stock's risk/reward is "turning attractive" and sees potential for 22.9% upside.

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TRUP

Trupanion

$33.46

-0.35 (-1.04%)

08:41
06/26/19
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Trupanion ordered by Washington regulator to pay $100,000 fine »

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  • 12

    Sep

ATU

Actuant

$24.15

0.48 (2.03%)

08:40
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Earnings
Actuant sees FY19 adj. EPS $1.15-$1.21, consensus $1.17 »

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  • 26

    Jun

08:40
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General news
U.S. durable orders declined another 1.3% in May »

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General news
FX Action: The dollar »

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PAYX

Paychex

$84.76

-1.41 (-1.64%)

08:39
06/26/19
06/26
08:39
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Earnings
Paychex sees FY20 adj. EPS up 8%-9%, consensus $3.10 »

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  • 26

    Jun

ATU

Actuant

$24.15

0.48 (2.03%)

08:39
06/26/19
06/26
08:39
06/26/19
08:39
Earnings
Actuant sees Q4 adj. EPS 25c-31c, consensus 30c »

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  • 26

    Jun

BYND

Beyond Meat

$150.58

9.76 (6.93%)

08:39
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Beyond Meat announces nationwide retail launch of Beyond Beef »

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ATU

Actuant

$24.15

0.48 (2.03%)

08:38
06/26/19
06/26
08:38
06/26/19
08:38
Earnings
Actuant reports Q3 adj. EPS 45c, consensus 40c »

Reports Q3 revenue $295M,…

03/08/13
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  • 26

    Jun

PAYX

Paychex

$84.76

-1.41 (-1.64%)

08:38
06/26/19
06/26
08:38
06/26/19
08:38
Earnings
Paychex reports Q4 adj. EPS 63c, consensus 64c »

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  • 26

    Jun

FPAY

FlexShopper

$1.02

0.025 (2.51%)

08:37
06/26/19
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08:37
Hot Stocks
FlexShopper reports year-to-date total originations up 47% »

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CTVA

Corteva

$27.68

-0.31 (-1.11%)

08:37
06/26/19
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08:37
Hot Stocks
Corteva names Marcos Lutz to Board of Directors »

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NUE

Nucor

$54.30

0.57 (1.06%)

, AKS

AK Steel

$2.17

0.03 (1.40%)

08:37
06/26/19
06/26
08:37
06/26/19
08:37
Recommendations
Nucor, AK Steel, Steel Dynamics, TimkenSteel, U.S. Steel, ArcelorMittal, Cleveland-Cliffs, Commercial Metals analyst commentary  »

Nucor flat rolled price…

NUE

Nucor

$54.30

0.57 (1.06%)

AKS

AK Steel

$2.17

0.03 (1.40%)

STLD

Steel Dynamics

$29.87

0.71 (2.43%)

TMST

TimkenSteel

$7.45

0.17 (2.34%)

X

U.S. Steel

$14.93

0.48 (3.32%)

MT

ArcelorMittal

$17.20

0.34 (2.02%)

CLF

Cleveland-Cliffs

$9.82

(0.00%)

CMC

Commercial Metals

$16.75

-0.16 (-0.95%)

03/08/13
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  • 19

    Jul

  • 30

    Jul

XFOR

X4 Pharmaceuticals

$14.49

-0.7 (-4.61%)

08:37
06/26/19
06/26
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08:37
Hot Stocks
X4 Pharmaceuticals initiates Phase 3 clinical trial of mavorixafor »

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ZIOP

Ziopharm

$5.61

0.19 (3.51%)

08:36
06/26/19
06/26
08:36
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08:36
Hot Stocks
Ziopharm completes enrollment of controlled IL-12 plus Opdivo Phase 1 trial »

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  • 12

    Sep

KOOL

Cesca Therapeutics

$2.65

-0.115 (-4.16%)

08:36
06/26/19
06/26
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08:36
Hot Stocks
Cesca Therapeutics regains Nasdaq listing compliance »

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ASNA

Ascena Retail

$0.65

-0.0373 (-5.39%)

08:36
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Ascena Retail reduces size of board to 10 members from 12 members »

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CTVA

Corteva

$27.68

-0.31 (-1.11%)

08:35
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Corteva says targeting dividend policy of 25%-35% of annual net income »

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VERU

Veru

$2.10

-0.03 (-1.41%)

08:34
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Veru announces completion of pre-NDA meeting with FDA for TADFIN »

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AA

Alcoa

$22.54

0.33 (1.49%)

08:34
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Alcoa amends joint venture with Ma'aden »

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  • 17

    Jul

CTVA

Corteva

$27.68

-0.31 (-1.11%)

, DWDP

DowDuPont

$0.00

(0.00%)

08:33
06/26/19
06/26
08:33
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08:33
Hot Stocks
Corteva announces common stock dividend of 13c per share »

The company's Board…

CTVA

Corteva

$27.68

-0.31 (-1.11%)

DWDP

DowDuPont

$0.00

(0.00%)

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08:33
06/26/19
06/26
08:33
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08:33
General news
International Trade in Goods Balance data reported »

May International Trade…

08:33
06/26/19
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08:33
General news
Wholesale Inventories [Advance] M/M % hange data reported »

May Wholesale Inventories…

08:33
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General news
Retail Inventories [Advance] M/M % hange data reported »

May Retail Inventories…

KTOS

Kratos Defense

$21.85

-0.52 (-2.32%)

08:32
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Hot Stocks
Kratos Defense receives $5.9M missile defense system contract award »

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BKNG

Booking Holdings

$1,847.18

-23.84 (-1.27%)

08:32
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Booking Holdings announces leadership changes at Booking.com »

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