Morgan Stanley Sees Potential In Devices And Services For Microsoft
In a report published Monday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating on Microsoft (NASDAQ: MSFT).
In the report, Morgan Stanley noted, “Microsoft's D&C Other Division, including Bing, Office 365 Home and Xbox 1st Party Games comprises ~8% of total rev. and <5% of op. income. While lower margin profile assets, they are additive to gross margin dollars and help build a more compelling ‘devices and services' strategy.”
Microsoft closed on Friday at $41.48.
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