IBM Unveils Futuristic New Growth Driver
Much has been made of IBM's (NYSE: IBM) transformation to focus on what it calls its "strategic imperatives" businesses: cognitive computing analytics, the cloud, data security, social, and mobile applications.
That shift in its business model is why IBM has experienced years of quarterly total revenue declines. Such drastic changes require time to take hold, especially for a company of this size. And as IBM demonstrated with the unveiling of its growing Q Network, it continues to tackle futuristic technology.
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Source: Fool.com
International Business Machines Corp Stock
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As a result the target price of 183 € shows a slightly positive potential of 3.57% compared to the current price of 176.7 € for International Business Machines Corp.
