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Why IBM's Stock Is Trading Higher Today
Tuesday, July 20, 2021 - 8:56am | 205International Business Machines Corp (NYSE: IBM) is trading higher Tuesday morning after the company announced its second-quarter financial results. What Happened: IBM reported quarterly earnings of $2.33 per share, which beat the estimate of $2.29 per share. The company reported quarterly...
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IBM Q4 Earnings Preview: 4 Key Metrics To Monitor
Thursday, January 12, 2017 - 1:31pm | 378Societe Generale’s Richard Nguyen expects International Business Machines Corp. (NYSE: IBM) to report in line results without any major surprises when it announces its Q4:16 numbers on January 19. Nguyen maintains a Hold rating on the company, with a price target of $160. Key Metrics The...
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UPDATE: Societe Generale Upgrades Accenture PLC Following FY13 Earnings Report
Monday, September 30, 2013 - 8:56am | 110In a report published Monday, Societe Generale analyst Richard Nguyen upgraded the rating on Accenture PLC (NYSE: ACN) from Sell to Hold, and raised the price target from $70.00 to $75.00. In the report, Societe Generale noted, “Following FY13 earnings, we raise our FY14-15 EPS estimates by 4% on...
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UPDATE: Societe Generale Lowers PT on Oracle Corporation on Multiple Challenges Ahead
Thursday, September 19, 2013 - 11:40am | 217In a report published Thursday, Societe Generale analyst Richard Nguyen reiterated a Hold rating on Oracle Corporation (NYSE: ORCL), but lowered the price target from $36.50 to $35.00. In the report, Societe Generale noted, “We think Oracle may continue to struggle in H2 13 due to company-specific...
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UPDATE: Societe Generale Downgrades Accenture on Struggling Consulting and Outsourcing Growth
Friday, June 28, 2013 - 9:30am | 127In a report published Friday, Societe Generale analyst Richard Nguyen downgraded Accenture (NYSE: ACN) from Hold to Sell and lowered its price target from $74 to $70. In the report, Societe Generale cited 3 primary reasons for the downgrade, “1) Consulting still struggling to return to growth:...