UPDATE: BMO Capital Markets Lowers PT on International Business Machines on Continued Weak Revenue Growth
July 15, 2013 at 11:10 AM EDT
In a report published Monday, BMO Capital Markets analyst Keith Bachman reiterated a Market Perform rating on International Business Machines (NYSE: IBM ), but lowered the price target from $220.00 to $215.00. In the report, BMO Capital Markets noted, “We believe that IBM's weak revenue growth will continue to weigh