Nomura Securities Maintains a 'Buy' on Microsoft (MSFT); Released Lengthy Blog Post on Windows on ARM (WOA) Platform

Nomura Securities maintains a 'Buy' on Microsoft (NASDAQ: MSFT) price target of $32.00.

Analyst, Rick Sherlund, said, "We expect further product discussion and additional disclosures at Barcelona on February 29 where management will conduct a two-hour review and discussion of Windows 8 and WOA. Here are the key points: 1) Windows 8 for ARM and x86 will be out at the same time, 2) Microsoft will include (bundle) some of Office 15 with WOA, including Word, Excel, PowerPoint and OneNote, 3) Metro-style apps to support WOA and Windows 8 on x86/64, 4) WOA to support Metro apps as well as Desktop mode, 5) Consumer Preview available for public download by February 29. We reiterate our Buy rating and still like the shares at current levels, which are trading at 9.9x our CY12 earnings estimate (ex-cash) and 8.8x unlevered free cash flow."

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 $30.77 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Newton Golf Company (NWTG) Reports Q2 Loss of $0.49
• Deere (DE) PT Lowered to $570 at JPMorgan Ahead of Earnings