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IBM - International Business Machines Corporation

Analyst Downgrade Signal for 01-05-2024
Analyst Downgrade Signal: IBM from Hold to Sell by Societe Generale
Price Target: $143



Stock Signal Information


Signal

Analyst Downgrade Stock
Report Date: 01-05-2024
Symbol: IBM - International Business Machines Corporation
Sector: Technology
Industry: Information Technology Services
Analyst Downgrade Signal: IBM from Hold to Sell by Societe Generale
Price Target: $143

  IBM Technical Chart

Company Contact

International Business Machines Corporation (IBM)
1 New Orchard Rd
Armonk, NEW YORK
Phone: 19144991900
Website: http://www.ibm.com
CEO: Mrs. Virginia Rometty


Company Profile

International Business Machines Corporation operates as an integrated solutions and services company worldwide. Its Cloud & Cognitive Software segment offers software for vertical and domain-specific solutions in health, financial services, and Internet of Things (IoT), weather, and security software and services application areas; and customer information control system and storage, and analytics and integration software solutions to support client mission critical on-premise workloads in banking, airline, and retail industries. It also offers middleware and data platform software, including Red Hat, which enables the operation of clients' hybrid multi-cloud environments; and Cloud Paks, WebSphere distributed, and analytics platform software, such as DB2 distributed, information integration, and enterprise content management, as well as IoT, Blockchain and AI/Watson platforms. The company's Global Business Services segment offers business consulting services; system integration, application management, maintenance, and support services for packaged software; finance, procurement, talent and engagement, and industry-specific business process outsourcing services; and IT infrastructure and platform services. Its Global Technology Services segment provides project, managed, outsourcing, and cloud-delivered services for enterprise IT infrastructure environments; and IT infrastructure support services. The company's Systems segment offers servers for businesses, cloud service providers, and scientific computing organizations; data storage products and solutions; and z/OS, an enterprise operating system, as well as Linux. Its Global Financing segment provides lease, installment payment, loan financing, short-term working capital financing, and remanufacturing and remarketing services. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. The company was founded in 1911 and is headquartered in Armonk, New York.