Credit Suisse upgrades Microsoft share after PS3 and Wii Launch Options

[Xbox-Scene]

Credit Suisse upgrades Microsoft share after PS3 and Wii Launch Posted by XanTium | November 20 23:33 EST

From money.cnn.com: [QUOTE] Credit Suisse raised its rating on Microsoft Corp. to "outperform" from "neutral," saying the stock could appreciate nearly 20 percent from current levels due to the company's strengthening market position in digital entertainment, among other reasons. The brokerage, which also raised the software maker's price target to $35 from $29, said the upgrade was not a call on the company's operating system Vista or portable media player Zune. "Rather, we see a combination of different factors coming together to create an opportunity for the stock to break-out," the brokerage added. [/QUOTE] Good time to buy Microsoft stocks? Read More: money.cnn.com

[appleguru]

It's really an interesting phenomenon as to how much the opinions of analysts has on stock performance.. in any case, nice to see M$ getting a good nod; they're certainly gaining a stringer foothold in the entertainment industry and vista isn't going to hurt (Though theres little about it that impresses me...)

This post has been edited by appleguru: Nov 21 2006, 04:48 AM