Hewlett Packard Enterprise and Microsoft deepen collaboration on Windows 10 offerings, announce Cloud Productivity and Mobility Solution Offerings

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Commercial Office 365 Model Transition Looks Positive for Microsoft (MSFT); Nomura Securities Reiterates Buy

November 23, 2015 9:57 AM EST

Nomura Securities reiterated a Buy rating on Microsoft (NASDAQ: MSFT), and raised the price target to $60.00 (from $55.00), following the Commercial Office 365 model transition. Nomura expects total Office revenues to grow at a CAGR of 8% from FY15 through FY20, driven by a 9% CAGR in... More