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Morgan Stanley Considers Possible Impact of Office on iPad for Microsoft

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In a report published Thursday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating on Microsoft (NASDAQ: MSFT).

In the report, Morgan Stanley noted, “With new CEO Satya Nadella rumored to be unveiling Office on the iPad on 3/27, we update our views on the impact to MSFT's model. Our conservative analysis points to an incremental ~$1.2B in annual billings thru greater Office 365 adoption, even with a lower SKU and some cannibalization. This may also signal a greater willingness from MSFT to leverage key assets across non-Windows platforms.”

Microsoft closed on Wednesday at $39.27.

Latest Ratings for MSFT

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

View More Analyst Ratings for MSFT
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