UBS Maintains a 'Buy' on Microsoft (MSFT); Calm (but Nice) Before the Storm
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Price: $34.87 +2.32%
Rating Summary:
23 Buy, 20 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
23 Buy, 20 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade MSFT Now!
UBS maintains a 'Buy' on Microsoft (NASDAQ: MSFT) price target of $37.00.
Yesterday, MSFT reported Q4 EPS of $0.73, 11 cents better than estimates. Revenues were in-line with estimates at slightly over $18 billion. Business division sales rose 7%, Windows and Windows Live revenues fell 13%, On-line up 8%, and Servers/Tools up 13%.
The company also announced a firm date for release of its Windows 8 operating system - October 26, 2012.
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 $30.67 yesterday, with a 52 week range of $23.79-$32.95.
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Yesterday, MSFT reported Q4 EPS of $0.73, 11 cents better than estimates. Revenues were in-line with estimates at slightly over $18 billion. Business division sales rose 7%, Windows and Windows Live revenues fell 13%, On-line up 8%, and Servers/Tools up 13%.
The company also announced a firm date for release of its Windows 8 operating system - October 26, 2012.
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 $30.67 yesterday, with a 52 week range of $23.79-$32.95.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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