Microsoft: Goldman Cuts Surface Prices, Margins
Microsoft (MSFT) shares today are down 66 cents, or 1.8%, at $37.18, following a ratings cut by Merrill Lynch‘s Kash Rangan, who dropped the stock to Underperform from Neutral, and from Goldman Sach‘s Heather Bellini, who reiterated a Sell rating and a $28 price target. Bellini cut her EPS estimates for this year ever-so-slightly, to reflect both a lower [...]
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