Microsoft: Jefferies 'overwhelmed by number of innovations'
(CercleFinance.com) - Jefferies maintains its buy ratsing on the Microsoft share, with a target price of 240 dollars.
"We view MSFT as a diversified business with excellent visibility and these product enhancements should help sustain near double-digit rev growth for the foreseeable future," the broker believes, clearly enthousiastic after Ignite, the IT giant's annual conference.
We view MSFT as a diversified business with excellent visibility and these product enhancements should help sustain near double-digit rev growth for the foreseeable future
Key points include Microsoft Teams enhancements, development of Power Apps, online security investments, Azure Orbital renewal, etc.
"We were overwhelmed by the number of announcements and innovation at Microsoft's digital event," Jefferies adds.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
"We view MSFT as a diversified business with excellent visibility and these product enhancements should help sustain near double-digit rev growth for the foreseeable future," the broker believes, clearly enthousiastic after Ignite, the IT giant's annual conference.
We view MSFT as a diversified business with excellent visibility and these product enhancements should help sustain near double-digit rev growth for the foreseeable future
Key points include Microsoft Teams enhancements, development of Power Apps, online security investments, Azure Orbital renewal, etc.
"We were overwhelmed by the number of announcements and innovation at Microsoft's digital event," Jefferies adds.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.