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IBM's stock dropped 2.2% despite beating earnings expectations, maintaining a "Hold" analyst rating.
IBM's stock fell by 2.2% to $230.06 on Thursday, despite reporting earnings that beat analyst expectations by $0.15 to $3.92 per share.
The company, which operates in Software, Consulting, Infrastructure, and Financing, has a market cap of $218.37 billion and a P/E ratio of 36.74.
Analysts have a "Hold" rating on the stock with a target price of $231.13.
IBM's stock has traded between a 50-day average of $249.14 and a 200-day average of $232.95.
The company pays an annual dividend of $6.68, yielding 2.84%.
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Las acciones de IBM cayeron un 2,2% a pesar de superar las expectativas de ganancias, manteniendo una calificación de analista de "Sostener".