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Bank of America Says Structural Issues Could Pressure Microsoft's EPS Next 2-3 Years

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On Thursday, Bank of America released some bearish comments on Microsoft (NASDAQ: MSFT). Analyst Kash Rangan believes “structural issues could still pressure EPS growth in the next 2-3 years.”

Microsoft Office on iOS is a “positive” move, but Google's QuickOffice is a contender “on the rise,” Rangan said.

The transition to cloud appears more “defensive and value-neutral,” said the analyst. Rangan's analysis shows “Office 365/Azure are neutral to value creation and potentially negative to its Server & Tool biz.”

Shares of Microsoft are down 0.5 percent to $39.58 in Thursday's trading.

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

Posted-In: Bank of America Kash RanganAnalyst Color Analyst Ratings

 

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