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Microsoft Corporation Message Board

  • seafoodsnacks seafoodsnacks Jul 20, 2007 4:49 PM Flag

    Microsoft "neutral," Estimates Raised - D.A. Davidson & Co.

    Microsoft "neutral," estimates raised

    Friday, July 20, 2007 4:40:03 AM ET
    D.A. Davidson & Co.

    NEW YORK, July 20 - Analyst L Alan Davis of DA Davidson maintains his "neutral" rating on Microsoft Corporation (MSFT.NAS), while raising his estimates for the company. The 12-18 month target price is set to $32.

    In a research note published this morning, the analyst mentions that the company has reported its F4Q07 results broadly in-line with the estimates. Microsoft�s Client revenues were boosted by more aggressive Vista revenue recognition, the analyst says. The company repurchased shares worth $7.2 billion in the quarter, DA Davidson adds. The EPS estimate for FY08 has been raised from $1.68 to $1.72.

43.559+0.199(+0.46%)1:36 PMEDT