Analysts at Cowen & Co. Reiterated their Past ‘”Buy”’ rating on Shares Microsoft Corp (NASDAQ:MSFT), Set a $90.0 PT

January 22, 2018 - By Peter Erickson

 Analysts at Cowen & Co. Reiterated their Past ‘

Investors sentiment increased to 0.83 in 2017 Q3. Its up 0.01, from 0.82 in 2017Q2. It is positive, as 40 investors sold Microsoft Corporation shares while 952 reduced holdings. 114 funds opened positions while 708 raised stakes. 5.51 billion shares or 0.32% less from 5.53 billion shares in 2017Q2 were reported.

National Planning Corp holds 1.16% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 76,329 shares. M&R Mngmt Inc stated it has 75,576 shares or 1.36% of all its holdings. Cypress Asset Management Tx holds 1.91% or 118,940 shares. 17,874 are owned by Amg Funds Ltd. Frontier Com holds 1.93% or 312,634 shares. Ameritas Investment Prns holds 1.52% or 429,148 shares in its portfolio. Virginia Retirement Systems Et Al holds 1.85 million shares. Steinberg Global Asset Management reported 39,227 shares. Strategic Advisors Limited Com has 2.43% invested in Microsoft Corporation (NASDAQ:MSFT). Arizona State Retirement Sys has 1.72% invested in Microsoft Corporation (NASDAQ:MSFT). Warren Averett Asset Mngmt invested 0.65% in Microsoft Corporation (NASDAQ:MSFT). Pinnacle Limited Co invested in 19,031 shares or 0.52% of the stock. Stralem And Company holds 3.22% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 300,182 shares. Alliancebernstein L P holds 29.45 million shares. Wespac Advsr Ltd Llc owns 11,134 shares.

Since August 4, 2017, it had 0 buys, and 3 selling transactions for $513.86 million activity. $4.00M worth of Microsoft Corporation (NASDAQ:MSFT) shares were sold by Hood Amy. Shares for $1.98M were sold by COURTOIS JEAN PHILIPPE on Wednesday, August 30.

Microsoft Corp (NASDAQ:MSFT) Rating Reaffirmed

Cowen & Co. now has a $90.0 PT on the $693.70 billion market cap company or 0.09 % upside potential. In analysts report sent to investors on 31 October, Microsoft Corp (NASDAQ:MSFT) shares have had their “Buy” Rating maintained by professional analysts at Cowen & Co..

Investors sentiment increased to 0.83 in 2017 Q3. Its up 0.01, from 0.82 in 2017Q2. It is positive, as 40 investors sold Microsoft Corporation shares while 952 reduced holdings. 114 funds opened positions while 708 raised stakes. 5.51 billion shares or 0.32% less from 5.53 billion shares in 2017Q2 were reported.

National Planning Corp holds 1.16% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 76,329 shares. M&R Mngmt Inc stated it has 75,576 shares or 1.36% of all its holdings. Cypress Asset Management Tx holds 1.91% or 118,940 shares. 17,874 are owned by Amg Funds Ltd. Frontier Com holds 1.93% or 312,634 shares. Ameritas Investment Prns holds 1.52% or 429,148 shares in its portfolio. Virginia Retirement Systems Et Al holds 1.85 million shares. Steinberg Global Asset Management reported 39,227 shares. Strategic Advisors Limited Com has 2.43% invested in Microsoft Corporation (NASDAQ:MSFT). Arizona State Retirement Sys has 1.72% invested in Microsoft Corporation (NASDAQ:MSFT). Warren Averett Asset Mngmt invested 0.65% in Microsoft Corporation (NASDAQ:MSFT). Pinnacle Limited Co invested in 19,031 shares or 0.52% of the stock. Stralem And Company holds 3.22% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 300,182 shares. Alliancebernstein L P holds 29.45 million shares. Wespac Advsr Ltd Llc owns 11,134 shares.

Since August 4, 2017, it had 0 buys, and 3 selling transactions for $513.86 million activity. $4.00M worth of Microsoft Corporation (NASDAQ:MSFT) shares were sold by Hood Amy. Shares for $1.98M were sold by COURTOIS JEAN PHILIPPE on Wednesday, August 30.

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 $115.0 highest and $20 lowest target. $82.56’s average target is -8.19% below currents $89.92 stock price. Microsoft Corporation had 145 analyst reports since July 22, 2015 according to SRatingsIntel. As per Friday, October 23, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained it with “Buy” rating and $60 target in Wednesday, July 20 report. Credit Suisse maintained the shares of MSFT in report on Monday, August 7 with “Buy” rating. The company was upgraded on Wednesday, January 13 by Morgan Stanley. The firm has “Outperform” rating by Oppenheimer given on Tuesday, October 31. The stock has “Buy” rating by Bernstein on Wednesday, November 15. The stock has “Buy” rating by Piper Jaffray on Sunday, August 27. The firm has “Overweight” rating by Barclays Capital given on Wednesday, January 6. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Bank of America on Friday, October 23. The firm has “Overweight” rating given on Thursday, December 22 by Piper Jaffray.

The stock decreased 0.09% or $0.08 during the last trading session, reaching $89.92. About 830,867 shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since January 22, 2017 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 earnings per share, up 3.61 % or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63B for 26.14 P/E if the $0.86 EPS becomes a reality. After $0.84 actual earnings per share 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 $693.70 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 31.79 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: Fool.com which released: “Why Microsoft Corporation’s Shares Jumped 37% in 2017” on January 10, 2018, also Seekingalpha.com with their article: “From Ego To Empathy: A Microsoft Transformation” published on January 10, 2018, Investorplace.com published: “Microsoft Corporation Stock Is Back to Its Old Self” on December 26, 2017. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “Sanctions bite: Microsoft curbs sales in Russia” published on January 22, 2018 as well as Investorplace.com‘s news article titled: “Watch Microsoft Corporation Stock, but Do Not Buy Now” with publication date: January 18, 2018.

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