It’sTime for Investors to Get Picky as Jefferies Upgrade Microsoft Shares

The stocks of Microsoft Corp. rose 0.033% on Tuesday after Jefferies analyst Brent Thill said the next phrase: “It’s time for software investors to get picky.” Thill picked up the company’s coverage of the software sector at the beginning of the week with a swirl of rating and price target changes “to be more defensive in light of valuation and macroeconomic concerns.” In his research note, Thill says he remains positive on the software industry in general. But he highlights that there has to be “a more selective approach to stocks given…

It’sTime for Investors to Get Picky as Jefferies Upgrade Microsoft Shares

Jefferies changed the ratings right before the earnings season. Analysts expect Microsoft’s revenues to rise 11% on a year-over-year basis to $32.2 billion. The stocks of Microsoft Corp. rose 0.033% on Tuesday after Jefferies analyst Brent Thill said the next phrase: “It’s time for software investors to get picky.” Thill picked up the company’s coverage of the software sector at the beginning of the week with a swirl of rating and price target changes “to be more defensive in light of valuation and macroeconomic concerns.” In his research note, Thill says he…