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  Microsoft "overweight"
Time: 12:42 EST/17:42 GMT | News Source: E-Mail | Posted By: Todd Richardson

Analyst Neil J Herman of Lehman Brothers issues an "overweight" rating on Microsoft Corporation. In a research note published on October 22, the analyst mentions that the company reported its F1Q05 EPS and revenues ahead of the estimates, along with robust cash flows. Microsoft witnessed market share gains during the quarter and has raised its FY05 guidance, the analyst says. Lehman Brothers believes that investors have overreacted to the company’s declaration of a decline in its deferred revenues.
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