September 14, 2009 - Microsoft Corporation (MSFT) is receiving an upgrade this morning by a firm called Auriga.
Price Target = $30
Auriga upgraded Microsoft Corporation (MSFT) as it believes consensus expectations for 2010 are too light, thinks the company's Q1 results could be fairly weak. Auriga believes Microsoft is coming up to its "most powerful product cycle in many years" and raised its price target on shares to $30 from $24.
Keep an eye on $25.58 which was the July 2009 high. A close above that level would be very bullish!
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