Morgan Stanley Lauds IBM’s Q2 Results; Also Highlights Concerns
Morgan Stanley analyst Erik Woodring maintained International Business Machines Corp (NYSE:IBM) with an Overweight and cut the price target from $157 to $155.…
This Financial Services Stock Is Trading Higher By 50%, Here Are 40 Stocks Moving In Tuesday’s Mid-Day Session
Gainers
Applied Blockchain, Inc. (NASDAQ: APLD) jumped 50.1% to $1.5907 after the company reported a 200-megawatt five-year hosting contract with Marathon Digital Holdings and raised its Q4 revenue forecast.
Bank of America to $51? Plus Mizuho Predicts $6 For This Stock
Barclays reduced Bank of America Corporation (NYSE: BAC) price target from $58 to $51. Bank of America shares rose 0.7% to $32.49 in pre-market trading.
Morgan Stanley Maintains Overweight on IBM, Lowers Price Target to $155
Morgan Stanley analyst Erik Woodring maintains IBM (NYSE:IBM) with a Overweight and lowers the price target from $157 to $155.
BMO Capital Maintains Market Perform on IBM, Lowers Price Target to $148
BMO Capital analyst Keith Bachman maintains IBM (NYSE:IBM) with a Market Perform and lowers the price target from $152 to $148.
IBM And 20 Stocks Moving Premarket
Gainers
Applied Blockchain, Inc. (NASDAQ: APLD) rose 32.1% to $1.40 in pre-market trading after the company reported a 200-megawatt five-year hosting contract with Marathon Digital Holdings and raised its Q4 revenue forecast.
Netflix, Johnson & Johnson And 3 Stocks To Watch Heading Into Tuesday
With US stock futures trading higher this morning on Tuesday ahead of earnings reports from several companies, some of the stocks that may grab investor focus today are as follows:
IBM Q2 Earnings Highlights: Revenue And EPS Beat, Cloud Segment Revenue Shows Double-Digit Growth
Technology giant International Business Machines (NYSE: IBM) reported second-quarter financial results after the market close Monday. Here are the key highlights.