Microsoft Earnings Press Release Available on Investor Relations Website
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Oppenheimer Raises Price Target on Microsoft (MSFT) to $65 Following 1Q Beat
October 24, 2016 9:43 AM EDTOppenheimer reiterated an Outperform rating on Microsoft (NASDAQ: MSFT), and raised the price target to $65.00 (from $62.00), following the company's 1Q earnings report. Revenue of $22.3B beat estimates by 360bps. The revenue beat was driven by strength in all three business segments. Gross/operating margins came in... More
Oppenheimer Reiterates Outperform on Microsoft (MSFT) Following Strong 1Q Report
October 21, 2016 10:22 AM EDTOppenheimer reiterated an Outperform rating and $62.00 price target on Microsoft (NASDAQ: MSFT) following the company's 1Q earnings report. Non-GAAP revenue of $22.3B was up 5%, vs. estimates of $21.6B. EPS was $0.10 above $0.66 estimates, driven by the beat and lower taxes. There were few concerns, but... More
Microsoft (MSFT) PT Lifted to $68 at Nomura
October 21, 2016 7:00 AM EDTNomura Securities analyst Frederick Grieb reiterated a Buy rating and raised his price target on Microsoft (NASDAQ: MSFT) to $68.00 (from $65.00) amid strong results with continued cloud growth.
Grieb commented, ". Microsoft reported F1Q'17 revenue and non-GAAP EPS of $22.3bn and $0.76, which was... More
