Microsoft Analyst Roundup Following Q4 Results

Following the company's fourth quarter 2014 earnings report, a number of firms have issued notes detailing their revised view on Microsoft's (NASDAQ: MSFT) stock.

• Bank of America: Upgraded From Underperform To Neutral, Raised Price Objective From $35 To $47. "In our view, the Street will give credit for the core business ex-Nokia."
• Deutsche Bank: Reaffirm Hold, $44 Price Target
  "Bottom line, Nokia tainted what was otherwise a solid quarter and the bull case now needs to be rooted in a Nokia turnaround, in addition to a belief that the PC-centric businesses can hold up as the XP lift wanes."
• Citi: Neutral, $41 Price Target
  "CEO, Nadella was again on the call and eloquently articulated a strategy of more focus while CFO, Hood noted a tight rein on costs. This continues to be music to investors' ears."
• UBS: Buy, Raised Price Target From $46 To $50
  "We believe Microsoft will become more efficient in driving recurring revenue at lower costs, therefore enabling better predictability and Microsoft to trade at a higher multiple."
• Pacific Crest: Upgraded From Sector Perform To Outperform

Upon last check, Microsoft shares were up one percent.