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Analysts Lukewarm On Box Ahead Of Earnings
Wednesday, June 10, 2015 - 2:51pm | 330Box Inc (NYSE: BOX), which disappointed investors mightily in March with its first-ever quarterly report as a public company, is coming up to bat again later Wednesday. Analysts are mostly lukewarm on the cloud storage company, which went public in January. Its shares are off about 24 percent...
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Microsoft's Street Views Descending After Q3 Results
Thursday, April 23, 2015 - 1:56pm | 327A strong dollar and a weak market for personal computers may result in lower expectations for Microsoft Corporation (NASDAQ: MSFT) following its fiscal third-quarter earnings report after the bell Wednesday. "Consensus estimates clearly need to come down," according to Wells Fargo's...
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Wells Fargo Upgrades Microsoft, Says Mobility & Cloud Services Are Critical
Monday, April 6, 2015 - 8:44am | 214Wells Fargo on Monday issued a report on Microsoft Corporation (NASDAQ: MSFT) upgrading the company from Market Perform to Outperform and set a $50 price target. Analysts Jason Maynard and Karen Russillo wrote, "We like the company's current focus on mobility and cloud, and think that there is room...
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Microsoft Bonds Don't Change Anything At Company, Wells Fargo Says
Thursday, February 12, 2015 - 11:46am | 133Jason Maynard of Wells Fargo on Thursday commented in a note that Microsoft Corporation's (NASDAQ: MSFT) recent announcement of a debt offering doesn't signal a change in Microsoft's capital allocation plans, rather the financing was needed since over 90 percent of the company's cash balance is...
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UPDATE: Wells Fargo Downgrades VMware On High Growth Estimates (VMW)
Wednesday, July 9, 2014 - 11:58am | 152In a note released Wednesday morning, Wells Fargo analyst Jason Maynard downgraded shares of VMware (NYSE: VMW) from Outperform to Market Perform and reduced his valuation range from $107-112 to $98-105. The downgrade comes amid concerns that growth estimates for the company are too high....