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Sinofsky Departure May Suggest Win 8 Not Meeting Internal Expectations - MKM

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MKM Partners analyst Israel Hernandez believes news of Microsoft's (NASDAQ: MSFT) Steven Sinofsky departing is a "clear negative for the stock." Hernandez said the timing of the departure could indicate Windows 8 and/or the Surface may not be meeting internal expectations. The analyst noted Sinofsky was at one point thought to be the lead candidate to replace Steve Ballmer.

Latest Ratings for MSFT

DateFirmActionFromTo
Feb 2016Hilliard LyonsDowngradesLong-term BuyNeutral
Jan 2016Credit SuisseMaintainsOutperform
Jan 2016Morgan StanleyUpgradesEqual-weightOverweight

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