Microsoft Analyst Roundup Following Q4 Results
Following the company's fourth quarter 2014 earnings report, a number of firms have issued notes detailing their revised view on Microsoft's (NASDAQ: MSFT) stock.
- Bank of America: Upgraded From Underperform To Neutral, Raised Price Objective From $35 To $47. "In our view, the Street will give credit for the core business ex-Nokia."
Deutsche Bank: Reaffirm Hold, $44 Price Target
"Bottom line, Nokia tainted what was otherwise a solid quarter and the bull case now needs to be rooted in a Nokia turnaround, in addition to a belief that the PC-centric businesses can hold up as the XP lift wanes."
Citi: Neutral, $41 Price Target
"CEO, Nadella was again on the call and eloquently articulated a strategy of more focus while CFO, Hood noted a tight rein on costs. This continues to be music to investors' ears."
UBS: Buy, Raised Price Target From $46 To $50
"We believe Microsoft will become more efficient in driving recurring revenue at lower costs, therefore enabling better predictability and Microsoft to trade at a higher multiple."
- Pacific Crest: Upgraded From Sector Perform To Outperform
Upon last check, Microsoft shares were up one percent.
Latest Ratings for MSFT
|Jan 2017||Tigress Financial||Upgrades||Neutral||Buy|
|Jan 2017||Wells Fargo||Initiates Coverage On||Outperform|
|Dec 2016||PiperJaffray||Initiates Coverage On||Overweight|
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