UBS Maintains Microsoft Corporation to Buy with Price Target $64.00

Brokerage firm UBS Maintains its rating on Microsoft Corporation(NASDAQ:MSFT). In a research note issued to the investors, the brokerage major Raises the price-target to $64.00 per share. The shares have been rated Buy. The rating by UBS was issued on Aug 29, 2016.

In a different note, On Jul 20, 2016, Wunderlich said it Maintains its rating on Microsoft Corporation. In the research note, the firm Raises the price-target to $55.00 per share. The shares have been rated ‘Hold’ by the firm. On Jul 20, 2016, Citigroup said it Maintains its rating on Microsoft Corporation. In the research note, the firm Raises the price-target to $37.00 per share. The shares have been rated ‘Sell’ by the firm. William Blair said it Initiates Coverage on Microsoft Corporation, according to a research note issued on Jul 19, 2016. The shares have been rated ‘Market Perform’ by the firm. On Jul 7, 2016, Citigroup said it Maintains its rating on Microsoft Corporation. In the research note, the firm Raises the price-target to $36.00 per share. The shares have been rated ‘Sell’ by the firm.

Microsoft Corporation (MSFT) made into the market gainers list on Thursdays trading session with the shares advancing 0.23% or 0.13 points. Due to strong positive momentum, the stock ended at $57.59, which is also near the day’s high of $57.82. The stock began the session at $57.01 and the volume stood at 2,60,75,363 shares. The 52-week high of the shares is $58.7 and the 52 week low is $41.66. The company has a current market capitalization of $448,771 M and it has 7,79,25,15,600 shares in outstanding.

Microsoft Corporation(MSFT) last announced its earnings results on Jul 19, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $22.64B. Analysts had an estimated revenue of $22.14B. Earnings per share were $0.69. Analysts had estimated an EPS of $0.58.

Several Insider Transactions has been reported to the SEC. On Aug 11, 2016, Satya Nadella (Chief Executive Officer) sold 143,000 shares at $57.97 per share price.Also, On Aug 9, 2016, Amy Hood (EVP, Chief Financial Officer) sold 120,000 shares at $57.86 per share price.On Jul 25, 2016, William H Iii Gates (director) sold 2,500,000 shares at $55.94 per share price, according to the Form-4 filing with the securities and exchange commission.

Microsoft Corporation is engaged in developing licensing and supporting a range of software products and services. The Company also designs and sells hardware and delivers online advertising to the customers. The Company operates in five segments: Devices and Consumer (D&C) Licensing D&C Hardware D&C Other Commercial Licensing and Commercial Other. The Company’s products include operating systems for computing devices servers phones and other intelligent devices; server applications for distributed computing environments; productivity applications; business solution applications; desktop and server management tools; software development tools; video games; and online advertising. It also offers cloud-based solutions that provide customers with software services and content over the Internet by way of shared computing resources located in centralized data centers. It provides consulting and product and solution support services.

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