[Reuters] SocGen upgrades IBM to "hold" on strong 2013 forecast

Posted by: UGN Security

[Reuters] SocGen upgrades IBM to "hold" on strong 2013 forecast - 01/23/13 01:09 PM

(Reuters) - Societe Generale upgraded IBM Corp's stock to "hold" From "sell", saying the world's largest technology services company would be able to increase revenue as technology spending improves in the second half of 2012, especially in Europe.