Microsoft (MSFT) Stock Receives Ratings Initiation at Wunderlich Securities

NEW YORK (TheStreet) -- Microsoft Corp. was initiated with a "hold" rating by analysts at Wunderlich Securities on Tuesday morning. The firm said it started coverage on the tech giant as it believes Microsoft's strategic transition from a "monopolistic" Windows company to a new age "mobile cloud first world" will make it stronger and improve both revenue growth and margins over the long term. "In our opinion, Microsoft's cloud platform, Azure, and cloud applications such as office 365 are under...