Android app on Google Play

Standpoint Research Upgrades Microsoft (MSFT) to Buy after 15% 3-Month Drop

December 12, 2012 9:10 AM EST Send to a Friend
Get Alerts MSFT Hot Sheet
Price: $44.87 +0.09%

Rating Summary:
    23 Buy, 23 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 23 | Down: 38 | New: 43
Trade MSFT Now!
Join SI Premium – FREE
Standpoint Research upgraded Microsoft (NASDAQ: MSFT) from Hold to Buy with a price target of $32.00 saying shares once again looks attractive.

Analyst Ronnie Moas notes, "We have gone in-and-out of MSFT twice in the last four years; see bottom table. Since we last exited MSFT in September 2011 the shares have underperformed the Nasdaq and the S&P-500 by 1500 basis points. The stock has dropped 15% in the last three months and once again looks attractive (especially relative to the S&P).

MSFT seems to be on track to compete with its current strategy, well-received new products [Xbox, Windows 8, Surface and Office]and upgrades."

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 $27.32 yesterday.




You May Also Be Interested In


Related Categories

Upgrades

Related Entities

Standard & Poor's, Standpoint Research

Add Your Comment