Microsoft (MSFT): Still Grossly Overvalued - Jefferies
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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
Microsoft (MSFT) Comments on NFL/Surface Issue; Will Continue to Work League, Teams to Address Problems
October 21, 2016 1:03 PM EDTMicrosoft (Nasdaq: MSFT) posted the following to its Surface blog on Friday:
This week Surface has been at the center of the debate on the role of technology in the NFL, with different opinions shared from coaches and players. We thought it might be valuable to share some additional context from our perspective.
We love the NFL. We love the game, the players, the coaches, and the fans. We have deep respect for the teams and the IT Pros who work tirelessly behind the scenes to... 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
