IBM Gears Up For Q1 Earnings: Can Big Blue Outrun The Bears?
1. IBM reports Q1 earnings on Wednesday, expected EPS at $1.40. 2. The stock is up 32.22% year-over-year, but dipped 3.04% this month. 3. Shares are trading above key moving averages, indicating a bullish short-term trend. 4. Analysts project a 17% upside for IBM shares, average target at $287. 5. Current price at $247.68, indicating potential earnings impact.