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Good Numbers Boost Microsoft
Updated from Jan. 25
Microsoft(MSFT Quote) beat Wall Street's second-quarter estimates, while delivering investors a nice windfall in the form of higher-than-expected deferred third-quarter revenue.
Shares rose 2% Friday morning, as Citigroup raised its price target on the software giant to $33 from $30. Shares rose 60 cents to $31.05.
The company said Thursday it posted a profit of 26 cents a share on sales of $12.54 billion. ...
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