IBM: Barclays Cuts to Hold; Cash Flow Lackluster, Cloud Computing Threatens

Oct 7, 2013 Full story: Barron's

Shares of International Business Machines are down 93 cents, or half a percent, at $183.17, after Barclays Capital 's Ben Reitzes cut his rating on the shares to Equal Weight from Overweight, and cut his price target to $190 from $215, writing that " It is increasingly clear to us that investors will evaluate IBM on cash flow more than earnings ... (more)

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#1 Oct 23, 2013
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