Abner Herrman & Brock Has Lowered International Business Machine (IBM) Holding; Last Week Akamai Technologies, Inc. (AKAM) Coverage

Among 30 analysts covering Akamai Tech (NASDAQ:AKAM), 17 have Buy rating, 2 Sell and 11 Hold. Therefore 57% are positive. Akamai Tech had 95 analyst reports since July 29, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, October 28 by Cowen & Co. FBR Capital maintained the stock with “Underperform” rating in Wednesday, February 10 report. The firm earned “Neutral” rating on Wednesday, October 25 by Credit Suisse. As per Wednesday, February 10, the company rating was upgraded by B. Riley & Co. The firm earned “Outperform” rating on Wednesday, April 27 by Robert W. Baird. As per Sunday, September 3, the company rating was maintained by RBC Capital Markets. The stock of Akamai Technologies, Inc. (NASDAQ:AKAM) has “Buy” rating given on Wednesday, July 26 by Piper Jaffray. As per Wednesday, October 28, the company rating was maintained by UBS. The firm earned “Outperform” rating on Wednesday, January 11 by Wells Fargo. The company was maintained on Wednesday, October 25 by Wells Fargo. See Akamai Technologies, Inc. (NASDAQ:AKAM) latest ratings:

15/03/2018 Broker: KeyBanc Capital Markets Old Rating: Underweight New Rating: Sector Weight Old Target: $57 Upgrade
09/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade
09/03/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $78 New Target: $88 Maintain
09/03/2018 Broker: Robert W. Baird Rating: Hold New Target: $76.0 Maintain
09/03/2018 Broker: J.P. Morgan Rating: Buy New Target: $90.0 Upgrade
08/03/2018 Broker: Cowen & Co Old Rating: Market Perform New Rating: Outperform Upgrade
06/03/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $80 New Target: $85 Maintain
07/02/2018 Broker: SunTrust Rating: Hold New Target: $70.0 Maintain
07/02/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $75 New Target: $78 Maintain
07/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $72.0 Maintain

Abner Herrman & Brock Llc decreased International Business Machine (IBM) stake by 7.58% reported in 2017Q4 SEC filing. Abner Herrman & Brock Llc sold 3,433 shares as International Business Machine (IBM)’s stock declined 0.39%. The Abner Herrman & Brock Llc holds 41,882 shares with $6.43M value, down from 45,315 last quarter. International Business Machine now has $139.94 billion valuation. The stock decreased 0.95% or $1.46 during the last trading session, reaching $151.91. About 3.88M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since March 28, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

Investors sentiment decreased to 0.82 in Q4 2017. Its down 0.17, from 0.99 in 2017Q3. It turned negative, as 45 investors sold Akamai Technologies, Inc. shares while 173 reduced holdings. 79 funds opened positions while 99 raised stakes. 142.18 million shares or 2.90% more from 138.17 million shares in 2017Q3 were reported. Saturna reported 3,925 shares. Captrust Fincl Advisors holds 147 shares or 0% of its portfolio. Norinchukin Retail Bank The stated it has 0.02% of its portfolio in Akamai Technologies, Inc. (NASDAQ:AKAM). Ls Invest Advsrs Limited Co has 0.03% invested in Akamai Technologies, Inc. (NASDAQ:AKAM) for 7,456 shares. Bb&T Securities Ltd Liability holds 0.11% or 128,714 shares. Jnba Finance Advsrs invested 0% of its portfolio in Akamai Technologies, Inc. (NASDAQ:AKAM). Champlain Invest Prtn Ltd Liability Com invested in 0.63% or 853,445 shares. 1,126 were reported by Washington Com. Everence Capital Mgmt Inc holds 5,069 shares or 0.07% of its portfolio. Earnest Prtnrs Ltd Company reported 710,653 shares or 0.44% of all its holdings. Pnc Financial Group Inc invested 0% in Akamai Technologies, Inc. (NASDAQ:AKAM). Aurora Investment Counsel, a Georgia-based fund reported 40,646 shares. First Bancshares Of Omaha stated it has 0.13% of its portfolio in Akamai Technologies, Inc. (NASDAQ:AKAM). Fmr Lc holds 0.08% of its portfolio in Akamai Technologies, Inc. (NASDAQ:AKAM) for 10.52M shares. Pictet Asset Mgmt reported 0.02% in Akamai Technologies, Inc. (NASDAQ:AKAM).

Since October 2, 2017, it had 1 buying transaction, and 7 sales for $4.78 million activity. $386,529 worth of Akamai Technologies, Inc. (NASDAQ:AKAM) shares were sold by MCCONNELL RICK M. On Friday, December 15 LEIGHTON F THOMSON bought $999,784 worth of Akamai Technologies, Inc. (NASDAQ:AKAM) or 17,537 shares. Another trade for 10,000 shares valued at $498,100 was sold by Wheaton William. Gemmell James had sold 8,430 shares worth $564,810 on Friday, February 16.

The stock decreased 1.98% or $1.43 during the last trading session, reaching $70.75. About 932,108 shares traded. Akamai Technologies, Inc. (NASDAQ:AKAM) has risen 12.14% since March 28, 2017 and is uptrending. It has outperformed by 0.59% the S&P500.

Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. The company has market cap of $12.03 billion. The firm offers Web and mobile performance solutions, such as Ion, a situational performance solution that consists of an integrated suite of Web delivery, acceleration, and optimization technologies; Dynamic Site Accelerator that helps in consistent Website performance; IP Application Accelerator to enable enterprises to deliver Internet Protocol applications; Global Traffic Management, a fault-tolerant solution; Image Manager that automatically optimizes online images; and Cloudlets, which provides self-serviceable controls and capabilities. It has a 56.15 P/E ratio. It also provides cloud security solutions, including Kona Site Defender, Bot Manager, Fast Domain Name System, Prolexic Routed, and Client Reputation; enterprise solutions comprising Enterprise Application Access and Akamai Cloud Connect.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines has $21200 highest and $11000 lowest target. $164.02’s average target is 7.97% above currents $151.91 stock price. International Business Machines had 126 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Sell” on Wednesday, August 16. The company was upgraded on Thursday, February 18 by Morgan Stanley. The firm has “Sector Perform” rating given on Friday, January 15 by RBC Capital Markets. On Monday, September 26 the stock rating was upgraded by Societe Generale to “Hold”. The stock has “Buy” rating by Drexel Hamilton on Friday, July 14. The rating was maintained by Goldman Sachs on Tuesday, July 19 with “Neutral”. The firm has “Buy” rating by Morgan Stanley given on Wednesday, March 21. The firm has “Neutral” rating by UBS given on Tuesday, July 19. Goldman Sachs maintained International Business Machines Corporation (NYSE:IBM) on Tuesday, September 22 with “Neutral” rating. The stock has “Neutral” rating by JP Morgan on Friday, October 2.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.29, from 0.74 in 2017Q3. It increased, as 54 investors sold IBM shares while 604 reduced holdings. 156 funds opened positions while 519 raised stakes. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported. Massachusetts-based Factory Mutual Communications has invested 0.13% in International Business Machines Corporation (NYSE:IBM). 512,072 are owned by Gateway Inv Advisers Limited Liability Corporation. Congress Asset Mngmt Ma reported 1,971 shares or 0% of all its holdings. Acropolis Invest Mngmt Lc reported 0.23% in International Business Machines Corporation (NYSE:IBM). Denver Invest Advisors Ltd Liability Company reported 31,125 shares stake. Wade G W Incorporated invested 0.19% in International Business Machines Corporation (NYSE:IBM). State Of Tennessee Treasury Department has 0.32% invested in International Business Machines Corporation (NYSE:IBM) for 472,734 shares. Glenmede Na owns 0.25% invested in International Business Machines Corporation (NYSE:IBM) for 393,410 shares. Robeco Institutional Asset Mgmt Bv invested in 0.24% or 296,377 shares. Private Asset owns 59,181 shares. Polar Asset Mngmt Prns Inc has invested 0.32% in International Business Machines Corporation (NYSE:IBM). Optimum Invest holds 0.29% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 5,932 shares. Buckhead Cap Ltd holds 24,825 shares or 0.81% of its portfolio. Stephens Ar holds 53,645 shares or 0.31% of its portfolio. 1St Source Comml Bank holds 0.48% in International Business Machines Corporation (NYSE:IBM) or 38,188 shares.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on April, 17. They expect $2.37 earnings per share, down 0.42% or $0.01 from last year’s $2.38 per share. IBM’s profit will be $2.18 billion for 16.02 P/E if the $2.37 EPS becomes a reality. After $5.18 actual earnings per share reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts -54.25% negative EPS growth.