Two Ways: Microsoft Gets Upgraded

Minyanville:

Goldman Sachs added Microsoft (MSFT) to its conviction buy list this morning. According to Barron’s analyst Sarah Friar cited a mix of revenue drivers cost controls and large cash balances as opportunities for more upside surprises. Friar said Microsoft's new products -- including Windows 7 Bing Windows Service 2008 R2 Azure Cloud software and the new Xbox 360 -- brought about “renewed innovation beyond anything we have seen in multiple years.” In her report Friar did warn that the June quarter could be difficult however given that IT spending fell but she claims that investors can now expect growth ...

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