Microsoft tops estimates as Azure, Office products drive gains

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Microsoft (MSFT) PT Raised to $108 at Barclays

April 27, 2018 8:30 AM EDT

Barclays raised its price target on Microsoft (NASDAQ: MSFT) to $108.00 (from $100.00) while maintaining a Overweight rating following the company's 3Q.

Microsoft reported another good quarter with revenues across all three major segments above consensus estimates. Margins were also ahead of expectations, as the company... More

Microsoft (MSFT) PT Raised to $107 at Stifel Following 3Q

April 27, 2018 8:18 AM EDT

Stifel raised its price target on Microsoft (NASDAQ: MSFT) to $107.00 (from $105.00) while maintaining a Buy rating following 3Q earnings report. Microsoft delivered EPS/revenue of $0.95/$26.82B, well above the street's $0.85/$25.77B estimate.

The top-line upside along with expense discipline helped drive gross margin and... More

Piper Jaffray Remains Bullish on Microsoft (MSFT) Following Quarter

April 27, 2018 8:11 AM EDT

Piper Jaffray reiterated an Overweight rating and $115.00 price target on Microsoft (NASDAQ: MSFT) following the company's quarter results.

MSFT saw EPS deliver $0.10 of upside relative to consensus expectations while free cash flow outperformed as well despite the company continuing to... More

Microsoft (MSFT) PT Raised to $108 at Nomura/Instinet

April 27, 2018 8:01 AM EDT

Nomura/Instinet raised its price target on Microsoft (NASDAQ: MSFT) to $108.00 (from $105.00) while maintaining a Buy rating. MSFTs results showed strong momentum across the business as revenue growth accelerated 15.5% YoY to $26.82bn, above Street estimates of $25.8bn.

4Q Guidance also topped... More

Microsoft (MSFT) PT Raised to $117 at Goldman Sachs Following 3Q

April 27, 2018 7:58 AM EDT

Goldman Sachs raised its price target on Microsoft (NASDAQ: MSFT) to $117.00 (from $103.00) while maintaining a Buy rating. MSFT reported 3Q revenue of $26.82bn versus FactSet consensus of $25.78bn and compares to guidance of $25.25-$25.95bn. MSFT saw a $0.10 EPS beat ($0.95 versus consensus of $0.85)... More

Amazon.com (AMZN) PT Raised to $2,100 at Macquarie; Flywheels Spinning Fast

April 27, 2018 7:54 AM EDT

Macquarie raised its price target on Amazon.com (NASDAQ: AMZN) to $2,100.00 while maintaining a Outperform rating.

Analyst Benjamin Schachter noted:

The flywheels are spinning fast. With the highest margin businesses growing fastest, EBIT is significantly outperforming expectationsOur new price... More

Amazon.com (AMZN) PT Raised to $1,800 at Deutsche Bank

April 27, 2018 7:51 AM EDT

Deutsche Bank raised its price target on Amazon.com (NASDAQ: AMZN) to $1,800.00 (from $1,650.00) while maintaining a Buy rating.

Analyst Lloyd Walmsley commented, "Amazon delivered a humongous quarter, with faster growth and higher profitability than DB/Street projections and followed up with a one-two... More

Amazon.com (AMZN) PT Raised to 'Street High' $2,200 at Monness, Crespi, Hardt

April 27, 2018 7:43 AM EDT

Monness, Crespi, Hardt raised its price target on Amazon.com (NASDAQ: AMZN) to $2,200.00 (from $2,000.00) while maintaining a Buy rating.

Analyst Brian White commented, "We are raising our estimates and increasing our price target to $2,200 from $2,000. After more than a month of concerns regarding... More

Microsoft (MSFT) PT Raised to $107 at Stifel; Remains Top Pick

April 27, 2018 6:38 AM EDT

Stifel raised its price target on Microsoft (NASDAQ: MSFT) to $107.00 (from $105.00) while maintaining a Buy rating.

Analyst Brad Raback commented, "Overall, we are pleased to see continued healthy execution and believe Microsoft is well-positioned across major secular themes (hybrid, intelligent cloud/intelligent... More