Analysts: Microsoft’s Transition to Cloud Inspires Confidence and 3 Other Research Notes to Read

Microsoft (NASDAQ:MSFT): Jefferies upgraded shares of Microsoft to Buy from Hold, citing greater transparency from the software giant’s new operating structure as well as increased conviction around its transition to the cloud with Office 365. Jefferies raised its price target for the shares to $42 from $33.

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Best Buy (NYSE:BBY): Cleveland Research believes that Best Buy is benefiting from market share gains as well as improved execution and conversion. The firm expects the balance between the company’s comps and margins to improve, and it predicts that the stock will advance. Cleveland Research keeps a Neutral rating on the stock.

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McGraw Hill Financial (NYSE:MHFI): Third quarter earnings per share estimates rose above consensus at UBS and the firm expects McGraw Hill Financial to benefit from year-over-year growth in its ratings business. UBS expects the stock’s valuation to rebound, and it raised its price target on the shares to $75 from $66, maintaining a Buy rating on the stock.

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F5 Networks (NASDAQ:FFIV): Piper Jaffray says its survey of resellers indicates F5 Networks will report solid third quarter results with revenue toward the high-end of guidance and modestly above consensus. The firm reiterates an Overweight rating on the stock with a $97 price target.

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