Sinofsky Departure May Suggest Win 8 Not Meeting Internal Expectations - MKM
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
|Dec 2014||Bank of America||Downgrades||Neutral||Underperform|
|Dec 2014||Piper Jaffray||Initiates Coverage on||Overweight|
|Nov 2014||Jefferies||Initiates Coverage on||Underperform|
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