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Nomura Securities Reiterates Buy on Microsoft (MSFT) Following Solid 4Q

July 20, 2016 7:46 AM EDT

Nomura Securities reiterated a Buy rating and $65.00 price target on Microsoft (NASDAQ: MSFT) following the company's 4Q earnings report. Both revenues and EPS beat expectations. Microsoft guided to 1Q17 non-GAAP revenues of $21.2-21.9bn, below Street estimates at $22.2bn.

Analyst Frederick Grieb commented,... More