Microsoft (MSFT) Comments on NFL/Surface Issue; Will Continue to Work League, Teams to Address Problems
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October 24, 2016 9:43 AM EDT
Oppenheimer 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
October 21, 2016 9:11 AM EDT
Jefferies analyst, John DiFucci, reiterated his Underperform rating on Microsoft (NASDAQ: MSFT) but raised his price target to $43 from $40 after non-GAAP EPS of $0.76 on rev of $22.3B topped consensus estimates of $0.68 and $21.7B.
The analyst estimates $0.03 of benefit from lower income taxes relative to guidance and... More
October 19, 2016 12:30 PM EDT
Microsoft (Nasdaq: MSFT) says it still stands by the reliability of its Surface tablet, according to Bloomberg. The company said it would work with the NFL if any issues were reported.
News follows a recent rant by New England Patriots... More
