IBM shares hit five-year low after disappointing results

(Reuters) - Shares of International Business Machines Corp hit a five-year low on Tuesday, a day after the company's lackluster results and forecast showed that it would be a while before its focus on lucrative cloud computing business makes up for revenue lost to divestitures. IBM shares fell as much as 5.8 percent to $140.51. Analysts median price target is $150, according to Thomson Reuters data.