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Nomura Equity Research Reiterates Buy Rating, $37 PT on Microsoft Corporation

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In a report published Wednesday, Nomura Equity Research reiterated its Buy rating and $37.00 price target on Microsoft Corporation (NASDAQ: MSFT).

Nomura Equity noted, “Directionally, declining traditional PC units seems to have had a lot of press and may be largely discounted in Microsoft's stock as investors have been pessimistic on anything PC-related, but Street estimates still appear too high. We have reduced estimates about 4% to reflect recent PC data points out of Asia and the presumption that traditional PC units are in secular decline and the ramp of Windows 8 needs some time.”

Microsoft Corporation closed on Tuesday at $27.08.

Latest Ratings for MSFT

DateFirmActionFromTo
Oct 2014BMO CapitalInitiates Coverage onMarket Perform
Oct 2014FBN SecuritiesInitiates Coverage onOutperform
Sep 2014MKM PartnersInitiates Coverage onBuy

View More Analyst Ratings for MSFT
View the Latest Analyst Ratings

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