Raymond James Downgrades Microsoft (MSFT) to Market Perform
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Micosoft (MSFT) Efforts Failed to Offset PC Decline, Deutsche Bank Remains Sidelined
July 19, 2013 9:32 AM EDTDeutsche Bank today maintained a Hold rating on Microsoft (NASDAQ: MSFT) with a modified price target of $34.00 (from $35.00). Share of Microsoft declined after the close Thursday following disappointing Q4 result. In the view of analyst Nandan Amladi, PC weakness remains a key concern.
"While bulls will... More
Microsoft (MSFT) Reiterated Sell at Goldman, 'The Times They Are a-Changin'
July 19, 2013 9:12 AM EDTGoldman Sachs today maintained a Sell rating on Microsoft (NASDAQ: MSFT) and lowered its price target to $28.00 (from $30.00). Shares declined Thursday after Microsoft reported dissappointing Q4 results. In the view of Goldman, more pain is just around the corner.
Commenting, analyst Heather... More
Microsoft (MSFT) Business Shift Off to a Bad Start - Nomura Securities
July 19, 2013 8:15 AM EDTNomura Securities analyst Rick Sherlund weighed in on Microsoft (NASDAQ: MSFT) following results after the close. The analsyt maintained a Neutral rating and price target of $38, saying the move to services and devices is off to a bad start.
"Over the past quarter, investors have looked past the declining PC... More
Cowen Downgrades Microsoft (MSFT) to Market Perform
July 19, 2013 7:18 AM EDTCowen downgraded Microsoft (NASDAQ: MSFT) from Outperform to Market Perform with a price target of $33.00 (from $38.00).
For an analyst ratings summary and ratings history on Microsoft click here. For more ratings news on Microsoft click here.
Shares of Microsoft closed at $35.44 yesterday, with a 52 week range of $26.26-$36.43.... More
Microsoft Corp. (MSFT) Misses Q4 EPS by 9c, Sales Miss
July 18, 2013 4:05 PM EDTMicrosoft Corp. (NASDAQ: MSFT) reported Q4 EPS of $0.66, $0.09 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $19.9 billion versus the consensus estimate of $20.73 billion.
Microsoft is revising operating expense guidance downward to $31.3 billion to $31.9 billion for the full fiscal year ending June 30, 2014.
"While... More
