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UBS doesn't think Microsoft's (MSFT +0.4%) rally is over; the firm is raising its PT to $40 from...

UBS doesn't think Microsoft's (MSFT +0.4%) rally is over; the firm is raising its PT to $40 from $33 ahead of today's 1PM ET Xbox event. Analyst Brent Thill, a long-time bull, cites potentially greater earnings visibility, investor appreciation of Microsoft's cloud momentum, enterprise strength, the return of money flows to tech (ed: it looks like plenty of money has been flowing in), and bottoming PC demand. (past Xbox rumors: I, II, III) (event live blog)
Comments (5)
  • Karen Finerman the stock maven on Fast Money on CNBCand CEO of Metropolitan Capital Advisors told viewers to sell MSFT at $26 on April 13th of this year.. Isn't she wonderful?
    21 May 2013, 10:10 AM Reply Like
  • @ARG1

     

    Recent market performance can make even correct calls look foolish. I sold my July13 MSFT $33 calls for a nice profit. I got them for pennies when MSFT was @ +$28 and got out for over a buck when MSFT was @ +$33, now we're tongue-kissing $35; I never regret a profit, but I'd love to still be in those calls ;-)
    21 May 2013, 11:37 AM Reply Like
  • "Recent market performance can make even correct calls look foolish".

     

    That is called putting lipstick on a pig. Finerman told viewers to sell at a maker bottom of 26 and now it is trading at 35. Fast Money viewers who watched the show and sold lost an outstanding dividend and the $9 appreciation of the stock. Very poor investment advise!
    21 May 2013, 12:53 PM Reply Like
  • Just saw the new XBOX and man it is a winner!
    21 May 2013, 01:27 PM Reply Like
  • @ARG1

     

    Luckily, I still own the stock, and I never get in or out of something because of someone on T.V. or other media, hopefully neither does anyone else.

     

    Yes, the new Xbox One could be big.
    21 May 2013, 02:54 PM Reply Like
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