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EZ2

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EZ2

Re: qwertytrader post# 34379

Thursday, 04/11/2013 7:08:21 AM

Thursday, April 11, 2013 7:08:21 AM

Post# of 53906
Analyst Actions: Goldman Downgrades Microsoft To Sell, Lowers Estimates and PT to $27 - Shares Off 3% in Early Pre-Bell

04/11 07:02 AM

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07:02 AM EDT, 04/11/2013 (MidnightTrader) -- Goldman Sachs downgrades Microsoft (MSFT:$30.28,00$0.67,002.26%) to sell due to worsening PC trends and lack of traction in tablets and smartphone. This is supported by yesterdays IDC data, reflecting March PC shipments down 14% yoy. The analyst, Heather Bellini, lowered her estimates and PT to $27, previously $30. At $30, Microsoft (MSFT:$30.28,00$0.67,002.26%) trades at 10x her CY13 EPS estimate of $2.89 and 2.4x her CY13 revenue estimate of $83B.

Price: 29.35, Change: -0.93, Percent Change: -3.07

http://www.midnighttrader.com

“Life is not a matter of holding good cards, but of playing a poor hand well.”


Robert Louis Stevenson

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