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Rating: IBM
Hold $135

International Business Machines Corporation (NYSE: IBM) reiterated to Hold with price target $135 by Deutsche Bank

Wednesday,  Jan 20, 2016  2:25 PM ET by Kristen Bailey

Deutsche Bank reiterated International Business Machines Corporation (NYSE: IBM) to Hold with price target $135 with today's
price of $120.40. Deutsche Bank rated International Business Machines Corporation (NYSE: IBM) to Hold with price target $165 on 01/12/2015, when the price was $156.54. International Business Machines Corporation's stock price lost 23% since then.

IBM uses advanced information technology to provide customer solutions. The company operates primarily in a single industry using several segments that create value by offering a variety of solutions that include, either singularly or in some combination, technologies, systems, products, services, software and financing. Organizationally, the company's major operations comprise three hardware product segments--Technology, Personal Systems and Enterprise Systems; a Global Services segment; a Software segment; a Global Financing segment and an Enterprise Investments segment.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.



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