IBM Downgraded at Cowen
December 06, 2013 at 13:21 PM EST
Moshe Katri, analyst at Cowen and Company downgraded shares of IBM (NYSE: IBM ) from Outperform to Market Perform with a price target of $165. “Our downgraded reflects Q-Q declines in a number of important demand metrics, including net project workloads, project execution and bench skill base levels,” the
