Analyst Upgrade/Downgrade Update Brokerage firm: Wunderlich Change: Upgrade Previous Rating: Hold Current Rating: Buy Previous Price Target: $60 Current Price Target: $70
Analyst Upgrade/Downgrade Update Brokerage firm: UBS Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Buy Previous Price Target: $64 Current Price Target: $66
Analyst Upgrade/Downgrade Update Brokerage firm: BMO Capital Mkts Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Outperform Previous Price Target: $62 Current Price Target: $69
Good to see MSOFT being one of those positive surprises during this earning season. Looking forward to Apple's tomorrow.
The eight biggest announcements from today’s Microsoft event http://www.theverge.com/2016/10/26/...nts-vr-headset-creators-update-surface-studio
Gates sells $164.7M one day and $121.6M the next and reduced his holding by only about 2%. Two things come to mind, 1) capitalism is sick and unfettered when it allows this degree of greed, power and influence, and 2) the liquidity of the market is amazing. 2015 marked the year when for the first time in recorded human history that the 1% richest people have more wealth than the other 99%. At the same time, the top 62 richest people have more wealth than 50% of the world's population. Oh but wait, our presidential candidates are going to "help" the middle class. The excrement is about to hit the cooling equipment; the house is on fire; and they are talking about safe use of matches. Nevertheless, although MSFT may temporarily be turned back from its all-time high, there is likely more upside to come longer term. Point and Figure ($1 box by 3-box reversal)
They need to re-invent Windows mobile before launching a Surface phone imo. Current version is so meh.
What they really need is Google's permission to use their apps. I don't think Windows phone will ever fly without them.
Kinda makes you wonder with Bill selling off so many shares. I wonder how much the election is weighing in on his decision to do so or is this a sign of more technical things? If it's technical could be a game changer for sure.
Good thing tomorrow this will be all over so we will be able to remove elections factor out of the picture.