Goldman Sachs raised its price target on Microsoft (NASDAQ: MSFT) to $78.00 (from $72.00) while maintaining a Buy rating.

Analyst Heather Bellini lowers FY 2017 EPS estimate from $3.07 to $3.02, lowers FY 2018 EPS estimate from $3.53 to $3.29 and lowers FY 2019 EPS estimate from $4.01 to $3.91.