MSFT: Bernstein Jazzed About Office 365, Tablets

Microsoft (MSFT) shares got an endorsement today from Bernstein Research’s Mark Moerdler, who reiterated an Outperform rating and a $38 price target, writing that Microsoft could have more than the $83.1 billion in revenue he’s been modelling for this fiscal year, if things go well on a few different fronts, including sales of the hosted version of Microsoft Office, called Office 365, and sales of tablet computers.

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