Goldman Sachs Removed Microsoft (MSFT) from its Conviction Buy List

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Goldman Sachs removed Microsoft (Nasdaq: MSFT) from its Conviction Buy List, although they are maintaining their Buy rating and $30 price target.

The firm said they remain bullish on MSFT with the Windows 7 launch on Oct 22 and they don't believe Street estimates fully incorporate upside, however they are balancing the risk of a soft Q1 report and continued lack of guidance.

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