Credit Suisse Has Just Reaffirmed $84.0 Target Price Per Share on Microsoft Corp (NASDAQ:MSFT) stock, While They’ve Also Reiterated Their “Buy” Rating

December 14, 2017 - By Peter Erickson

 Credit Suisse Has Just Reaffirmed $84.0 Target Price Per Share on Microsoft Corp (NASDAQ:MSFT) stock, While They’ve Also Reiterated Their

Investors sentiment decreased to 0.82 in 2017 Q2. Its down 0.02, from 0.84 in 2017Q1. It dropped, as 39 investors sold Microsoft Corporation shares while 982 reduced holdings. 132 funds opened positions while 703 raised stakes. 5.53 billion shares or 0.72% more from 5.49 billion shares in 2017Q1 were reported.

Dynamic Solutions Llc holds 0.53% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 20,053 shares. Dsm Ltd Llc owns 2.74 million shares for 2.8% of their portfolio. Interocean Capital Llc owns 257,553 shares for 2.92% of their portfolio. The Ohio-based Shoker Invest Counsel has invested 0.63% in Microsoft Corporation (NASDAQ:MSFT). Tcw Gru accumulated 3.42M shares. Yacktman Asset Mgmt L P reported 5.87% in Microsoft Corporation (NASDAQ:MSFT). Burke & Herbert Retail Bank & Tru Com invested in 31,995 shares or 2.01% of the stock. First Bank & Tru Of Newtown owns 80,809 shares. Veritable Limited Partnership holds 394,280 shares or 0.62% of its portfolio. Lipe Dalton holds 11,634 shares. The Pennsylvania-based Hirtle Callaghan & Ltd Limited Liability Company has invested 0.01% in Microsoft Corporation (NASDAQ:MSFT). Provident Trust has invested 0.02% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Zevin Asset Management Limited Company reported 0.11% in Microsoft Corporation (NASDAQ:MSFT). University Of Notre Dame Du Lac stated it has 62,271 shares or 1.27% of all its holdings. Eagle Mngmt Ltd Liability reported 43,530 shares or 1.79% of all its holdings.

Since August 4, 2017, it had 0 insider purchases, and 3 sales for $513.86 million activity. 26,763 shares were sold by COURTOIS JEAN PHILIPPE, worth $1.98 million. The insider Morfit G Mason sold $507.89M.

Microsoft Corp (NASDAQ:MSFT) Rating Reaffirmed

Credit Suisse now has a $84.0 TP on the $653.31B market cap company or -0.81 % downside potential. In an analyst report revealed on Wednesday morning, Microsoft Corp (NASDAQ:MSFT) shares have had their “Buy” Rating reiterated by expert analysts at Credit Suisse.

Investors sentiment decreased to 0.82 in 2017 Q2. Its down 0.02, from 0.84 in 2017Q1. It dropped, as 39 investors sold Microsoft Corporation shares while 982 reduced holdings. 132 funds opened positions while 703 raised stakes. 5.53 billion shares or 0.72% more from 5.49 billion shares in 2017Q1 were reported.

Dynamic Solutions Llc holds 0.53% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 20,053 shares. Dsm Ltd Llc owns 2.74 million shares for 2.8% of their portfolio. Interocean Capital Llc owns 257,553 shares for 2.92% of their portfolio. The Ohio-based Shoker Invest Counsel has invested 0.63% in Microsoft Corporation (NASDAQ:MSFT). Tcw Gru accumulated 3.42M shares. Yacktman Asset Mgmt L P reported 5.87% in Microsoft Corporation (NASDAQ:MSFT). Burke & Herbert Retail Bank & Tru Com invested in 31,995 shares or 2.01% of the stock. First Bank & Tru Of Newtown owns 80,809 shares. Veritable Limited Partnership holds 394,280 shares or 0.62% of its portfolio. Lipe Dalton holds 11,634 shares. The Pennsylvania-based Hirtle Callaghan & Ltd Limited Liability Company has invested 0.01% in Microsoft Corporation (NASDAQ:MSFT). Provident Trust has invested 0.02% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Zevin Asset Management Limited Company reported 0.11% in Microsoft Corporation (NASDAQ:MSFT). University Of Notre Dame Du Lac stated it has 62,271 shares or 1.27% of all its holdings. Eagle Mngmt Ltd Liability reported 43,530 shares or 1.79% of all its holdings.

Since August 4, 2017, it had 0 insider purchases, and 3 sales for $513.86 million activity. 26,763 shares were sold by COURTOIS JEAN PHILIPPE, worth $1.98 million. The insider Morfit G Mason sold $507.89M.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation has $106.0 highest and $20 lowest target. $79.43’s average target is -6.21% below currents $84.685 stock price. Microsoft Corporation had 138 analyst reports since July 22, 2015 according to SRatingsIntel. On Thursday, August 27 the stock rating was downgraded by Vetr to “Strong-Buy”. The rating was maintained by Oppenheimer on Tuesday, October 31 with “Outperform”. Evercore maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, December 8 with “Buy” rating. Vetr upgraded the shares of MSFT in report on Wednesday, September 2 to “Strong-Buy” rating. The stock has “Overweight” rating by Piper Jaffray on Tuesday, November 10. Canaccord Genuity initiated the stock with “Hold” rating in Monday, May 16 report. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Neutral” rating by Macquarie Research on Tuesday, April 26. On Thursday, March 17 the stock rating was reinitiated by Oppenheimer with “Outperform”. The rating was maintained by Credit Suisse on Tuesday, September 26 with “Buy”. The company was maintained on Wednesday, July 20 by BMO Capital Markets.

The stock decreased 0.78% or $0.665 during the last trading session, reaching $84.685. About 7.99 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since December 14, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. They expect $0.86 EPS, up 3.61 % or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63 billion for 24.62 P/E if the $0.86 EPS becomes a reality. After $0.84 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38 % EPS growth.

Microsoft Corporation develops, licenses, and supports software products, services, and devices worldwide. The company has market cap of $653.31 billion. The companyÂ’s Productivity and Business Processes segment offers Office 365 commercial services and products for businesses, including Office, Exchange, SharePoint, Skype for Business, and related Client Access Licenses ; Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network. It has a 29.93 P/E ratio. The Company’s Intelligent Cloud segment licenses server products and cloud services, such as Microsoft SQL Server, Windows Server, Visual Studio, System Center, and related CALs, as well as Azure, a cloud platform with computing, networking, storage, database, and management services; and enterprise services, such as Premier Support and Microsoft Consulting that assist in developing, deploying, and managing Microsoft server and desktop solutions, as well as provide training and certification to developers and IT professionals on Microsoft products.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Investorplace.com which released: “Is Microsoft Corporation Heading for a Trillion-Dollar Market Cap?” on December 13, 2017, also Investorplace.com with their article: “Microsoft Corporation Stock Is Old Tech Poised to Grow Like New Tech” published on December 14, 2017, Seekingalpha.com published: “Microsoft: Large Beneficiary Of Tax Reform” on December 08, 2017. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “Microsoft Poised To Take Over The (Smart) Universe” published on December 11, 2017 as well as Fool.com‘s news article titled: “Why 2017 Was a Year to Remember for Microsoft Corporation” with publication date: December 10, 2017.

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