Tech Stocks in the News: Microsoft Corporation(NASDAQ:MSFT), Nokia Corporation (NYSE:NOK)

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According to DigiTimes, Microsoft Corporation(NASDAQ:MSFT) may be seeing internal and external conflicts in technology development, partner relations and operating model. Demand for the new desktop Windows operating system have been weak, PC brand vendors are gradually accepting Google’s (GOOG) Chrome OS and providing dual-OS solutions, and Microsoft continues to charge licensing fees on its operating model while Android and Apple (AAPL) have started offering OS X for free.

Analysts have a consensus price target of $37.28 on Microsoft Corporation(NASDAQ:MSFT) which indicates a 6.34% downside. The consensus rating of the stock is a HOLD with a score of 2.24. There are currently 19 Hold Ratings, 11 Buy ratings and 3 Sell ratings on the stock.

The most recent analyst action consisted of RBC Capital boosting their price target on the stock from $37 to $44.

Nokia Corporation (NYSE:NOK) announced that it expects the transaction whereby the company will sell substantially all of its Devices & Services business to Microsoft (MSFT) to close on April 25. The transaction is now subject only to certain customary closing conditions. The transaction was originally announced on September 3, 2013. :t

Analysts have a consensus price target of $12.33 on Nokia Corporation (NYSE:NOK) which indicates a 70% upside. The consensus rating of the stock is a HOLD with a score of 2.26. There are currently 16 Hold Ratings, 6 sell ratings and 16 Buy ratings on the stock.

The most recent analyst action consisted of Credit Suisse reiterating their Outperform rating on the stock on March 11th, 2014.

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