10 Biggest Price Target Changes For Tuesday
Citigroup boosted International Business Machines Corporation (NYSE: IBM) price target from $140 to $150. IBM shares rose 4% to $143.41 in pre-market trading.
24 Stocks Moving in Tuesday’s Pre-Market Session
Gainers
NeuroBo Pharmaceuticals, Inc. (NASDAQ: NRBO) shares rose 36.9% to $3.86 in pre-market trading after gaining more than 3% on Monday.
Citigroup Maintains Neutral on IBM, Raises Price Target to $150
Citigroup analyst Jim Suva maintains IBM (NYSE:IBM) with a Neutral and raises the price target from $140 to $150.
Societe Generale Upgrades IBM to Hold, Raises Price Target to $140
Societe Generale analyst Richard Nguyen upgrades IBM (NYSE:IBM) from Sell to Hold and raises the price target from $121 to $140.
IBM Beats On Q2 Earnings, Clocks 20% Red Hat Revenue Growth
International Business Machines Corp (NASDAQ: IBM) reported second-quarter FY21 revenue growth of 3% year-on-year to $18.75 billion, beating analyst consensus of $18.29…
Travel Stocks, Including Airlines, Hit Hard By Covid Fears, But Some Tech Stocks Show Strength
The market took a rough ride through the recent past Monday, crumbling under the weight of Covid as the virus quickly spread in the U.S. and across the world. The Delta variant raised questions about the strength of the recovery, and stocks that stood to benefit most from an economic revival—including travel firms—received the hardest blow.
IBM: Q2 Earnings Insights
Shares of IBM (NYSE:IBM) increased after the company reported Q2 results.
Quarterly Results
Earnings per share were up 6.88% over the past year to $2.33, which beat the estimate of $2.29.