{"id":12402,"date":"2011-03-09T11:45:07","date_gmt":"2011-03-09T16:45:07","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=12402"},"modified":"2016-09-20T08:23:37","modified_gmt":"2016-09-20T12:23:37","slug":"happy-ibm-day-an-analyst-lovefest","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2011\/03\/09\/happy-ibm-day-an-analyst-lovefest\/","title":{"rendered":"HAPPY IBM DAY! An Analyst LoveFest"},"content":{"rendered":"<p>There is big doings in IBMland apparently. This is one of our largest holdings for the<a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\"> TDIMG portfolios<\/a>, so this is a position that we see as holding an important spot in the technology space. Now at an all-time high, shares are bucking the trend today with the general markets under selling pressure. In fact, the share move is providing a 30+ point uptick for the DJIA.<img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-12414 alignright\" title=\"IBM\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/03\/IBM.jpe\" alt=\"\" width=\"174\" height=\"72\" \/><\/p>\n<p>Highlights of the Analyst Day on <!--more-->March 8th:<\/p>\n<p><strong>IBM Chief Financial Officer Mark Loughridge Speaks At Briefing<\/strong><\/p>\n<ul>\n<li>IBM Ahead Of Pace For 2015 Acquisitions Goal, CFO Says<\/li>\n<li>IBM To Spend About $35b On R&amp;D In Next Five Years<\/li>\n<li>IBM Sees About $100b Free Cash Flow Over Next 5yrs In Roadmap<\/li>\n<li>IBM Sees About $20b Investment On Acquisitions Over Next 5yrs<\/li>\n<li>IBM Sees About $70b Capital Returned To Holders Over Next 5 Yrs<\/li>\n<li>IBM Sees Growth Markets Sales Up About $17 Billion Through 2015<\/li>\n<\/ul>\n<p>So, what happened?<\/p>\n<p>Analysts got all a flutter it appears as there was a flurry of upgrades this morning. Other than earnings release days, I do not recall seeing such an outpouring of love for a company in some time.<\/p>\n<ul>\n<li>IBM target increased to $176 by RBC Capital<\/li>\n<li>IBM target increased to $200 by Deutsche Bank<\/li>\n<li>IBM target increased to $180 by BMO Capital<\/li>\n<li>IBM target increased to $180 by Canaccord<\/li>\n<li>IBM target increased to $185 by Collins Stewart<\/li>\n<li>IBM target increased to $185 by Stifel Nicolaus<\/li>\n<li>IBM target increased to $185 by Caris &amp; Company<\/li>\n<\/ul>\n<p><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/03\/ibmtargt-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-12412 aligncenter\" title=\"ibmtargt\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/03\/ibmtargt-1.jpg\" alt=\"\" width=\"609\" height=\"328\" \/><\/a><\/p>\n<p>Our OneSheet on IBM&#8230; Looks solid from both the fundamental and technical perspectives.<\/p>\n<p><a style=\"margin: 12px auto 6px auto; font-family: Helvetica,Arial,Sans-serif; font-style: normal; font-variant: normal; font-weight: normal; font-size: 14px; line-height: normal; font-size-adjust: none; font-stretch: normal; display: block; text-decoration: underline;\" title=\"View IBM 20110308 on Scribd\" href=\"http:\/\/www.scribd.com\/doc\/50370485\/IBM-20110308\">IBM 20110308<\/a> <object id=\"doc_69696\" style=\"outline: none;\" width=\"100%\" height=\"600\" name=\"doc_69696\" type=\"application\/x-shockwave-flash\" data=\"http:\/\/d1.scribdassets.com\/ScribdViewer.swf\"><param name=\"movie\" value=\"http:\/\/d1.scribdassets.com\/ScribdViewer.swf\" \/><param name=\"wmode\" value=\"opaque\" \/><param name=\"bgcolor\" value=\"#ffffff\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowScriptAccess\" value=\"always\" \/><param name=\"FlashVars\" value=\"document_id=50370485&amp;access_key=key-rrx5us21dcqga8hfnm9&amp;page=1&amp;viewMode=list\" \/><embed id=\"doc_69696\" type=\"application\/x-shockwave-flash\" width=\"100%\" height=\"600\" src=\"http:\/\/d1.scribdassets.com\/ScribdViewer.swf?document_id=50370485&amp;access_key=key-rrx5us21dcqga8hfnm9&amp;page=1&amp;viewMode=list\" name=\"doc_69696\" allowscriptaccess=\"always\" allowfullscreen=\"true\" wmode=\"opaque\" bgcolor=\"#ffffff\"><\/embed><\/object><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is big doings in IBMland apparently. This is one of our largest holdings for the TDIMG portfolios, so this is a position that we see as holding an important spot in the technology space. Now at an all-time high, shares are bucking the trend today with the general markets under selling pressure. In fact, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,224,12],"tags":[483,490],"class_list":["post-12402","post","type-post","status-publish","format-standard","hentry","category-economy","category-long-ideas","category-markets","tag-markets","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/12402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=12402"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/12402\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=12402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=12402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=12402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}