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Microsoft (MSFT) PT Raised to $92 at Oppenheimer Following 1Q
October 31, 2017 9:31 AM EDTOppenheimer raised its price target on Microsoft (NASDAQ: MSFT) to $92.00 (from $80.00) while maintaining a Outperform rating following the company's 1Q earnings release. Normalized revenue grew 6% and is accelerating, with FCF up a very strong 26%. Azure and Office 365 drove results, growing revenue 90% and 42%,... More
