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Fly News Breaks for July 21, 2017
MSFT
Jul 21, 2017 | 06:49 EDT
Jefferies analyst John DiFucci raised his price target for Microsoft to $49 from $45 saying the company last night reported "strong" results. Higher than expected expense guidance may temper expectations, but the outlook is likely conservative, DiFucci tells investors in a post-earnings research note. He keeps an Underperform rating on the shares.