Shares of Microsoft Corp. surged 3.7% in morning trading Monday, to provide the biggest point boost among Dow Jones Industrial Average's components. The software behemoth's stock price gain of $8.55 added about 56 points to the Dow's price, while the Dow rallied 545 points, or 1.8%. Microsoft's stock rally comes even after Mizuho analyst Gregg Moskowitz trimmed his price target to $320 from $340, saying "caution flags remain" for the software sector as "healthy" fundamentals butts heads with "un Read More...
Shares of Microsoft Corp. surged 3.7% in morning trading Monday, to provide the biggest point boost among Dow Jones Industrial Average’s components. The software behemoth’s stock price gain of $8.55 added about 56 points to the Dow’s price, while the Dow rallied 545 points, or 1.8%. Microsoft’s stock rally comes even after Mizuho analyst Gregg Moskowitz trimmed his price target to $320 from $340, saying “caution flags remain” for the software sector as “healthy” fundamentals butts heads with “un
