Morningstar Investment Services LLC Acquires 27,650 Shares of Microsoft Co. (NASDAQ:MSFT)

Acquisitions

Summary

Morningstar Investment Services LLC boosted its holdings in Microsoft Co. (NASDAQ:MSFT) by 5.0% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. In related news, insider Frank H. Brod sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. Morgan Stanley increased their target price on Microsoft from $145.00 to $155.00 and gave the company an “overweight” rating in a report on Friday, July 19th. Jefferies Financial Group set a $93.00 target price on Microsoft and gave the company a “sell” rating in a report on Friday, July 19th. Finally, JPMorgan Chase & Co. restated a “buy” rating and set a $155.00 target price on shares of Microsoft in a report on Friday, July 19th.

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