Nomura Pounds The Table On Mulally: Insists He Should Still Be Viewed As Top Candidate To Head Microsoft

Nomura's Rick Sherlund earlier suggested Alan Mulally will indeed be the next Microsoft MSFT head -- a thesis which seems to directly go against comments made by Mulally Thursday morning. The Nomura analyst believes Mulally, currently President and CEO at Ford F, gave responses on Bloomberg TV which were more or less "non-answers." He seems to believe these would be exactly the kinds of responses coming out of Mulally if he was still in talks with Microsoft's Board. Sherlund maintains a Buy rating and $45 price target on shares of Microsoft. The stock is down about 2.8 percent to $37.83 at last check; Ford shares are up 0.9 percent to $16.77.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorNewsRumorsManagementAnalyst Ratings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!