alingtonsky
Forumer storico
Cannacord Adams upgrades to buy from hold; raises estimate, target price
.......
Canaccord Adams analyst Peter Misek raised his rating on IBM on Jan. 20. Miske said in a note that IBM's revenue of $27.2 billion was higher than his $26.7 billion forecast and the Wall Street consensus forecast of $26.9 billion. Misek said IBM's reported EPS of $3.59, when adjusted for a lower tax rate, would have been about $3.50, which would have been in line with his estimate of $3.51 and ahead of the Street consensus of $3.47.
Misek said that IBM management "continues to execute on its plan" and has announced that it now anticipates 2010 EPS to be at least $11. IBM reported signings in the quarter at $18.8 billion, ahead of Wall Street expectations. He also said IBM expects "strong first-quarter results out of its software division due to a strong pipeline entering 2010".
The analyst raised his 2010 EPS estimate by 42 cents to $11.03.
"In 2010, we anticipate IBM will benefit from the signing strength it experienced throughout 2009, which should result in annual growth generated within the services business," Misek wrote. He raised his target price to $150 from $130.
Stock Picks: IBM, BofA, Morgan Stanley, Google - BusinessWeek
IBM ha pubblicato una trimestrale al di sopra delle attese del mercato.
Nel quarto trimestre di quest'anno il leader mondiale dell'IT ha aumentato il suo utile netto del 9% a $4,81 miliardi pari a $3,59 per azione
http://www.borsainside.com/mercati_...le-nel-quarto-trimestre-del-9-19-01-2010.shtm
.......
Canaccord Adams analyst Peter Misek raised his rating on IBM on Jan. 20. Miske said in a note that IBM's revenue of $27.2 billion was higher than his $26.7 billion forecast and the Wall Street consensus forecast of $26.9 billion. Misek said IBM's reported EPS of $3.59, when adjusted for a lower tax rate, would have been about $3.50, which would have been in line with his estimate of $3.51 and ahead of the Street consensus of $3.47.
Misek said that IBM management "continues to execute on its plan" and has announced that it now anticipates 2010 EPS to be at least $11. IBM reported signings in the quarter at $18.8 billion, ahead of Wall Street expectations. He also said IBM expects "strong first-quarter results out of its software division due to a strong pipeline entering 2010".
The analyst raised his 2010 EPS estimate by 42 cents to $11.03.
"In 2010, we anticipate IBM will benefit from the signing strength it experienced throughout 2009, which should result in annual growth generated within the services business," Misek wrote. He raised his target price to $150 from $130.
Stock Picks: IBM, BofA, Morgan Stanley, Google - BusinessWeek
IBM ha pubblicato una trimestrale al di sopra delle attese del mercato.
Nel quarto trimestre di quest'anno il leader mondiale dell'IT ha aumentato il suo utile netto del 9% a $4,81 miliardi pari a $3,59 per azione
http://www.borsainside.com/mercati_...le-nel-quarto-trimestre-del-9-19-01-2010.shtm
