Canaccord Genuity Boosts Microsoft (NASDAQ:MSFT) Price Target to $110.00

Marco Green
May 5, 2018

Sanders Capital LLC now owns 12,488,096 shares of the software giant's stock valued at $1,023,077,000 after acquiring an additional 344,500 shares in the last quarter. $722.76B is the MC of Microsoft Corp.

Shares of MSFT stock traded up $1.01 during trading hours on Wednesday, reaching $95.08. MSFT has 27.07M shares volume. Microsoft Corporation (NASDAQ:MSFT) has risen 37.43% since May 4, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

Guggenheim Capital Llc increased its stake in Microsoft Corp (MSFT) by 9.72% based on its latest 2017Q4 regulatory filing with the SEC. With an institutional ownership near 75.4%, it carries an earnings per share ratio of 3.26. Sonic Corp Com now has $942.99 million valuation. The stock increased 1.91% or $0.43 during the last trading session, reaching $22.99. About 83,451 shares traded. It has underperformed by 11.55% the S&P500.

Investors sentiment decreased to 0.77 in Q4 2017. It has change of 0.06, from 2017Q3's 0.83. It turned negative, as 39 investors sold MSFT shares while 1012 reduced holdings. Mckinley Mngmt Ltd Liability Com Delaware reported 664,385 shares or 2.87% of all its holdings. Strategic Fincl Services reported 0.86% stake. REDW Stanley Financial Advisors LLC now owns 16,171 shares of the software giant's stock valued at $1,205,000 after buying an additional 1,226 shares in the last quarter. Barrett Asset Ltd holds 485,132 shares or 2.92% of its portfolio. Blair William Il holds 2.08% or 3.59M shs in its capital. Kensico Capital Management has 5.22 million shares.

North Star Investment Management Corp decreased its stake in Graham Corp Com (GHM) by 21.82% based on its latest 2017Q4 regulatory filing with the SEC. Sadoff Invest Management Ltd Liability Com reported 3,817 shares. Gsa Prtn Llp reported 30,792 shares. Oakbrook Investments LLC now owns 377,232 shares of the software giant's stock valued at $28,100,000 after acquiring an additional 40,900 shares in the last quarter. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and thirty-two have assigned a buy rating to the stock. Therefore 84% are positive. Canaccord Genuity analysts Reiterated the shares of Microsoft Corporation to Buy in a research note they presented on April 27th, 2018 but they now have set a price target of $110, which is an increase from the previous $105. The firm has "Strong-Buy" rating by Vetr given on Thursday, August 27. The company was maintained on Wednesday, June 14 by Bank of America. The rating was maintained by Piper Jaffray with "Overweight" on Tuesday, November 10. Jones Collombin Inv Counsel has invested 1.03% in Microsoft Corporation (NASDAQ:MSFT). The rating was maintained by Stifel Nicolaus on Wednesday, July 20 with "Buy". Bernstein maintained Microsoft Corporation (NASDAQ:MSFT) rating on Tuesday, December 12. Credit Suisse Group set a $115.00 target price on Microsoft and gave the stock a buy rating in a research report on Tuesday, April 24th. On Friday, February 2 the stock of Microsoft Corporation (NASDAQ:MSFT) has "Buy" rating given by Nomura.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: "Seekingalpha.com which released: "Microsoft: "Headed To Higher Highs" on May 01, 2018, also Investorplace.com with their article: "Microsoft Corporation Stock Nears All-Time High â€" Trade It With Confidence" published on April 27, 2018, 247Wallst.com published: "How Microsoft Went From Acquirer to Partner" on April 19, 2018. Also, CMO Christopher C. Capossela sold 3,000 shares of the company's stock in a transaction on Friday, February 16th. The insider Capossela Christopher C sold 3,000 shares worth $279,912. (NYSE:ECL) for 1,530 shares. TSS, Inc. (OTCMKTS:TSSI) has 0.00% since May 4, 2017 and is. Jefferies has "Sell" rating and $4500 target. If the share price can penetrate the first support level, investor attention will likely move to the second level.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.06, from 0.83 in 2017Q3. 91 funds opened positions while 261 raised stakes.

Trading at the moment with a market cap of $39.17B, ZTS has a significant cash 1.56 billion on their books, which will have to be weighed and compared to their $1.09 billion in total current liabilities. Fairfield Bush And Company reported 202,435 shares. (NYSE:ECL). Edgemoor Invest has invested 0.07% in Ecolab Inc. American Interest Group Inc, a New York-based fund reported 31,154 shares. (NYSE:ECL). Riverpoint Capital Management Ltd Llc owns 8,000 shares for 0.06% of their portfolio. Legacy Private accumulated 62,583 shares. 68,425 are held by Weiss Multi. Amp Cap Invsts Ltd owns 0.12% invested in Ecolab Inc. (NASDAQ:SONC) for 545 shares. Also, the number of investment managers holding Ingles Markets Inc in top ten positions was flat from 0 to 0 for the same number. 17,391 were accumulated by Fdx Incorporated. Deutsche Bank Ag holds 36,731 shares. California Pub Employees Retirement Systems reported 108,482 shares stake. American Natl Registered Advisor holds 59,596 shares. Us Bankshares De reported 1,000 shares stake. Templeton Global Income Fd (GIM) was reduced too.

Among 17 analysts covering Sonic (NASDAQ:SONC), 5 have Buy rating, 2 Sell and 10 Hold. Therefore 33% are positive. Sonic had 50 analyst reports since August 25, 2015 according to SRatingsIntel. On Thursday, February 1 the company was maintained by Cowen & Co. (NASDAQ:MSFT) has 51 ratings reports on May 4, 2018 according to StockzIntelligence. The company was downgraded on Tuesday, October 25 by Telsey Advisory Group. The company's net profit margin has achieved the current level of 16.3 percent and possesses 66.6 percent gross margin. As per Monday, September 21, the company rating was upgraded by Longbow. The stock of Sonic Corp. (NASDAQ:GOOGL) earned "Buy" rating by Mizuho on Friday, January 27.

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