January 10, 2013 at 13:08 PM EST
Microsoft: Morgan Stanley Cuts to Hold on Weak PC Market, Slow Win 8 Adoption
Shares of Microsoft (MSFT) are down 29 cents, or 1%, at $26.41, after Morgan Stanley’s Adam Holt today cut his rating on the shares to Equal Weight from Overweight, arguing the”base case” for the stock is $29 as corporate software of 10% per annum is offset by a lack of recovery in the PC market. [...]
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