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IBM’s (IBM) EPS growth will slow through 2020 as it invests more in cloud computing services and as corporate spending on information technology moderates, says Citigroup, which downgraded the stock to neutral from buy on Tuesday. IBM is slated to report Q1 earnings after the close Wednesday. But Citigroup analyst Jim Suva said in a research note that he doesn’t expect IBM to miss its Q1 or 2014-2015 EPS targets. Citing recent strength in Scalper1 News
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