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Oppenheimer Reiterates Outperform on Microsoft (MSFT) Following 2Q Report
January 27, 2017 10:22 AM ESTOppenheimer reiterated an Outperform rating and $70.00 price target on Microsoft (NASDAQ: MSFT) following the company's 2Q earnings report. Non-GAAP revenue of $26.1B (inclusive of $228M LNKD contribution) was up 1.5%. Ex-LNKD/FX, revenue grew 3% and beat estimates by 70bps driven by higher Productivity/Business... More
