Pacific Crest has reiterated an Overweight rating on Microsoft Corporation (NASDAQ:MSFT) stock, with a 12- month target price (TP) of $55, after it spoke to 20 Microsoft re-sellers in the US and the UK. The firm maintained its bullish stance on the stock, as it believes that the software giant is on track for its upcoming quarter.
Microsoft Corporation Overweight Rating Reaffirmed At Pacific Crest
Bidness etc. - 21 Sep 2015 16:57
Pacific Crest has reiterated an Overweight rating on Microsoft Corporation (NASDAQ:MSFT) stock, with a 12- month target price (TP) of $55, after it spoke to 20 Microsoft re-sellers in the US and the UK. The firm maintained its bullish stance on the stock, as it believes that the software giant is on track for its upcoming quarter.
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