Microsoft (MSFT) Could Buyback $20B In Stock - Analyst

According to a UBS analyst Microsoft Corporation (Nasdaq: MSFT) is close to buying back $20 billion in stock. The UBS analyst expects Microsoft to buyback the stock over the next three months, which would lift earnings by as much as $0.10 per share. The firm is telling clients to buy the stock now, as the company will likely not announce the plan until it's done. They expect shares of Microsoft to climb to $40 next year.

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