Microsoft Should Benefit from Windows 7 and Bing in 2010

| About: Microsoft Corporation (MSFT)
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Standard & Poor’s analyst Jim Yin Tuesday raised his rating on Microsoft (NASDAQ:MSFT) to Buy from Hold, with a new price target of $26, up from $22.
Yin says the company should reap rewards in the June 2010 fiscal year from recent product announcements, including Windows 7 and Bing. He says overall the search results from Bing are inferior to those produced by Google (NASDAQ:GOOG), but that “Bing is more organized with links to websites sorted by categories and more adept in finding the lowest travel fare.” He also thinks Project Natal, a controller-free input device “will revolutionize the video game industry.”
Yin ups his FY 2010 EPS estimate to $1.80, from $1.71.

MSFT Tuesday is up 10 cents, at $22.15.

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