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Goldman Sachs cuts Microsoft (MSFT -3.4% to $29.25) to "sell" from "neutral" and says there is...

Goldman Sachs cuts Microsoft (MSFT -3.4% to $29.25) to "sell" from "neutral" and says there is an 11% downside to the software giant's $27 12-month price target. Goldman cites falling PC sales and not enough traction in tablets and smartphones as a reason for the downgrade, which comes a day after IDC said that global PC sales slumped 13.9% in Q1.
Comments (12)
  • How good of an Idea was that ?
    11 Apr 2013, 08:07 AM Reply Like
  • What's with the two day run up of MSFT right before dismal PC news and Goldman downgrade? Smells fishy to me.
    11 Apr 2013, 08:19 AM Reply Like
  • pc sales down
    wow .. who woulda thunk ..
    jim
    11 Apr 2013, 08:38 AM Reply Like
  • GS must've had their shorts in a knot over the last couple days. The plan must be now to spook the market ahead of the numbers to load up and recharge before they're handed their balls on a silver platter, as their shorts get squeezed some more.
    11 Apr 2013, 09:29 AM Reply Like
  • Goldman acting as puppeteer and Nomura securities is the puppet as they pile on with their own downgrade .

     

    MSFT can be bought with both hands under $30.
    11 Apr 2013, 09:30 AM Reply Like
  • I would say that Heather Bellini, the analyst at Goldman Sachs is the typical new breed of analysts at the banks. She has been a several different companies and has held different jobs at each of those positions. The bank analysts are awful in their stock analysts and think about it, if they were any good at it they would be making money trading stocks. So, Bellini, young and inexperienced and probably in debt for college loans is playing the role of market mover. My word od advise is to ignore the bank analysts because they have the worst record in predicing stock movements.
    11 Apr 2013, 09:51 AM Reply Like
  • This isn't about a rookie analyst having poor timing. This is about outright manipulation of a stock.
    11 Apr 2013, 02:39 PM Reply Like
  • Nice timing, just after yesterday's rally....
    11 Apr 2013, 10:06 AM Reply Like
  • MSFT is a steal under $30, and thats where Goldman builds their position. I know the fundamentals aren't great but with stock buyback/ 15% annual increases in dividend and the potential for a spin off make MSFT a great long term investment with very low downside risk.
    11 Apr 2013, 10:34 AM Reply Like
  • OK, so PC sales are down. What's new. We've been told for many months now that consumers are buying tablets and smart phones; but when their PCs get old they will go for the tablet/PC combos and MS is positioned to take advantage with Windows 8 and the Surface Pro.
    11 Apr 2013, 12:08 PM Reply Like
  • I own a Surface RT tablet since 4 months and experienced only a great amount of pleasure. With such great devices and great software MSFT will be the great winner in the long run. GS obviously did check only estimates and not the products.
    12 Apr 2013, 02:45 AM Reply Like
  • MSFT is quality & dedication,always have been proud to be involved with there product.More to come !
    12 Apr 2013, 06:51 AM Reply Like
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