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 (NASDAQ: 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 (NYSE: 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.
Latest Ratings for MSFT
|Oct 2016||William Blair||Upgrades||Market Perform||Outperform|
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.