IBM’s Estimates Raised at Morgan Stanley (IBM)

I.T. giant International Business Machines Corp. ( IBM ) saw its earnings estimates boosted on Thursday by analysts at Morgan Stanley. The firm said it raised its estimates for IBM through 2012, citing higher expected sales growth and an improving margin mix. Morgan Stanley currently rates the stock as “Equal-weight.” IBM shares fell 77 cents, or -0.6%, in premarket trading Thursday. The Bottom Line We have been recommending shares of IBM since Sept.16, when the stock was trading at $$119.35. The company has a 1.96% dividend yield, based on last night’s closing stock price of $132.68. International Business Machines Corp. ( IBM ) is a “recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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IBM’s Estimates Raised at Morgan Stanley (IBM)

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