Goldman Sachs on Microsoft: Sell now

“Microsoft’s stock is trading at about $40, coming back down to earth since November, when it reached a 14-year high of about $50. And it’s time to sell, warns Goldman Sachs in a scathing research note on Tuesday. The Goldman Sachs team, led by analyst Heather Bellini, believes the stock will drop to $38 within the next 12 months. This is a shockingly contrarian view. Analysts on average think that Microsoft will hit $46.97,according to Yahoo Finance, and most have a buy/overweight rating, according to Marketwatch.” [1]

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[1] Julie Bort for Business Insider

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