Market Overview

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

Related MSFT
Microsoft Rally To Continue; Vetr Says 'Buy'
What Analysts Expect Out of Amazon, LinkedIn, Chevron, and ExxonMobil Earnings Daily Round Up 10/27/16: ADC, ERC, FSD (Seeking Alpha)

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

Oct 2016NomuraMaintainsBuy
Oct 2016William BlairUpgradesMarket PerformOutperform
Oct 2016WunderlichUpgradesHoldBuy

View More Analyst Ratings for MSFT
View the Latest Analyst Ratings

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


Related Articles (MSFT)

View Comments and Join the Discussion!