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Fly News Breaks for May 24, 2018
MSFT
May 24, 2018 | 07:44 EDT
Bernstein analyst Mark Moerdler expects Microsoft's stock to continue to work as the company should continue to beat and raise through FY 2019, just as it has so far in 2018. Further, the analyst believes that Microsoft is aggressively transforming the company with the subscription and cloud migration re-accelerating revenue and EPS growth as estimated in this note. The lift from the Office migration and Azure should be significant, he contends. Moerdler reiterates an Outperform rating and $123 price target on the shares.
News For MSFT From the Last 2 Days
MSFT
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here
MSFT
Mar 26, 2024 | 13:49 EDT
Microsoft Gaming CEO Phil Spencer told Polygon in an interview during the annual Game Developers Conference that he doesn't just want Xbox games on other consoles, but also wants other game retailers, such as Itch.io and the Epic Games Store on Xbox platforms as well. "Consider our history as the Windows company," Spencer said. "Nobody would blink twice if I said, 'Hey, when you're using a PC, you get to decide the type of experience you have... There's real value in that." Reference Link
MSFT
Mar 26, 2024 | 12:26 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: While... To see the rest of the story go to thefly.com. See Story Here