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IBM’s Shares Drop Sharply After Q1 Report: Analysts Say It’s Overdone, Revenue Growth To Accelerate

IBM shares tank despite upbeat Q1 earnings. Analysts maintain Buy rating and $270 price target. Stock decline appears overdone.

Latest Ratings for IBM

Date Firm Action From To
Jan 2022 BMO Capital Maintains Market Perform
Jan 2022 UBS Downgrades Neutral Sell
Jan 2022 Goldman Sachs Initiates Coverage On Neutral

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