3 Key Quotes From IBM's Third-Quarter Conference Call
Shares of International Business Machines (NYSE: IBM) rocketed about 9% higher on Wednesday, one day after the century-old tech giant reported solid third-quarter results and predicted that its years-long revenue slump would end this year. IBM's transformation into a cloud- and cognitive-computing company has tested the patience of investors. That patience now looks like it will be rewarded.
Beyond the headline numbers, IBM management provided some critical details during the company's conference call. If you're an IBM investor, or if you're considering investing in the stock, you need to see these three quotes from CFO Martin Schroeter.
Image source: IBM.
Source: Fool.com
International Business Machines Corp Stock
€182.78
1.730%
We see a rather positive sentiment for International Business Machines Corp with 17 Buy predictions and 1 Sell predictions.
With a current price of 182.78 € International Business Machines Corp is right around the predicted target price of 183 €.
