Morning Brief: Credit Suisse Sees Microsoft Issuing One-Time Dividend

January 19, 2018   Stephen Taub

The hedge fund favorite got a boost from the investment bank, which thinks Microsoft’s commercial cloud business can grow even more.

Credit Suisse raised its price target on hedge fund favorite Microsoft from $95 to $115. In a note to clients, the investment bank said its proprietary survey suggests that momentum in the company’s commercial cloud business "should continue throughout 2018." …

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