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Analyst Says Microsoft Corp. (MSFT) Shares Could Rise 22 Percent Next Year

According to Brad Reback, an Oppenheimer & Co. analyst, Microsoft Corp.’s shares could climb as much as 22 percent in the near term. Mr. Reback stated that the stock could jump as much as $4 from yesterday’s closing price based on conservative earnings projections for the coming year. He went further to say that the stock could fall by $1 in the worst case scenario. He raised his raiting from “Perform” to “Outperform.”

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