Cowen analyst Nick Yako raised his price target for Microsoft to $165 from $155 after his firm's IT spending survey suggested a "healthy" 2020 outlook. This bodes well for Microsoft given its leadership position in "key secular growth markets," Yako tells investors in a research note. The software giant also showed up well across the survey and was identified by 62% of respondents as the most strategic vendor for digital transformation projects, adds the analyst. Yako increased his estimates for Microsoft through fiscal 2025 and reiterated an Outperform rating on the shares. The stock in morning trading is up $1.28 to $152.98.

Captivision announced its collaboration with Activision's Call of Duty: Mobile and Framework for the recent installation at the Framework in the Desert afterparty in Coachella Valley. Through this collaboration, Captivision delivered a unique media glass installation over the course of the festival. The collaboration marked the inception of a new area of strategic focus for Captivision dedicated to pushing boundaries and redefining the live entertainment experience. At Framework in the Desert, multiple freight container structures were unveiled that featured Captivision's media glass. This innovative installation served as the canvas for an inspiring display of imagery and content for all in attendance. The media presentation included assets from Activision's Call of Duty: Mobile and Framework, in addition to artwork and animations that enhanced the musical ambiance throughout the weekend.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here