Oppenheimer starts IBM with Outperform

Oppenheimer analyst Param Singh initiated coverage of IBM stock with an Outperform rating and a $320 price target.
Oppenheimer analyst predicts IBM's Red Hat-driven software growth could lead to 20% growth, boosting margins and stock value.
Empowered Funds LLC grew its holdings in Oppenheimer by 4.9% during the 4th quarter. Empowered Funds LLC now owns 34,511 shares of the financial services provider’s stock worth $2,212,000 after ...
Exelixis (NASDAQ:EXEL) is down 5.95% to $32.10 as of 11:04 AM ET Friday, following a downgrade from Oppenheimer ... a more neutral outlook on the stock.