Report
James Cordwell

Benefiting from strong cloud & on-prem demand

Q4 revenue and EPS were comfortably ahead as a robust corporate IT spending environment and Microsoft's strong strategic positioning drove demand for both its cloud offerings and on-premise products. Q1 guidance and FY19 commentary implies a continuation in these trends and we are raising our estimates and increasing our YE19 PT to $130 from $125 accordingly. We remain Overweight.
Underlying
Microsoft Corporation

Microsoft is a technology company. The company develops and supports software, services, devices, and solutions. The company provides an array of services, including cloud-based solutions as well as solution support and consulting services. The company also delivers relevant online advertising. The company's products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; and video games. The company also designs, manufactures, and sells devices, including personal computers, tablets, gaming and entertainment consoles, other devices, and related accessories.

Provider
Atlantic Equities
Atlantic Equities

Formed in 2003 by an established team from Cazenove, one of the most respected investment banks in the UK, Atlantic Equities conducts and publishes fundamental, bottom up research on mid and large cap US companies.

Atlantic provide order execution through a wide range of DMA products and algorithmic trading suites.

Analysts
James Cordwell

Other Reports on these Companies
Other Reports from Atlantic Equities

ResearchPool Subscriptions

Get the most out of your insights

Get in touch