Microsoft (MSFT)

Thomas Weisel Partners analyst Tim Klasell repeated his Overweight rating on Microsoft while lifting his target on the stock to $35, from $31.
Klasell upped his EPS forecast for the June 2010 fiscal year to $1.86, from $1.73; for FY 2011 he goes to $2.11, from $1.96. “The outlook for hardware shipments and the overall IT spending environment in 2010 has improved and the company has reduced its cost structure,” he writes.

Dec 31 · 12:44:00 PM · Source: Barron's
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by Michael Oliveto