UPDATE: Morgan Stanley Reiterates On Microsoft Corporation Awaiting Better Entry Point

In a report published Monday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating on Microsoft Corporation MSFT, and named a $51.00 price target. In the report, Morgan Stanley noted, “We see an equation for a durable 12-14% total return profile in MSFT from FY15-FY17, which is attractive at the right price. After an strong run, MSFT now trades at a 13% premium to the S&P – while a premium appears justified, we'd await better entry points before getting more aggressive.” Microsoft Corporation closed on Friday at $46.70.