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Analysts raise Microsoft price targets after earnings

Published 02/01/2018, 03:30 PM
© Reuters.  Analysts raise Microsoft price targets after earnings
MSFT
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  • Canaccord reiterates a Buy rating and raises its Microsoft (NASDAQ:MSFT) price target from $94 to $105 (a 10.5% upside on yesterday’s close).
  • Analyst Richard Davis advises to buy on any dip and says investors will “gradually recognize that the company has four levers to deliver accelerating growth and higher margins (O365, Xbox, CRM, and Azure).”
  • Cowen has Microsoft at Outperform and increases the target by $5 to $100 (5% upside).
  • Gregg Moskowitz cites the quarter’s accelerating growth and says operating margins showed a healthy upside.
  • Jefferies analyst John DiFucci has the only Sell for the company but still increases his target from $57 to $62, which is still a 35% downside.
  • Microsoft shares are down 0.7%.
  • Previously: Microsoft -1.3% despite Q2 beats, 98% Azure growth (Jan. 31)
  • Now read: The Perfect Portfolio Vs. The New 60/40 Portfolio


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