With Activision Deal Cleared, Is Microsoft Stock a Buy?
Investors following 's (NASDAQ: MSFT) proposed $69 billion deal to buy Activision Blizzard (NASDAQ: ATVI) have been taken on a non-stop thrill ride worthy of one of the company's flagship games. The blockbuster combination has attracted a lot of attention, with many questioning whether regulators would allow the tie-up over fears that it would stifle competition.
After a couple of high-profile setbacks in recent months, the merger scored a much-needed win today when the European Commission -- the executive body of the European Union (EU) -- approved the deal. Microsoft made a number of concessions to appease antitrust concerns.
With an important victory in the win column, does that make Microsoft stock a buy? Let's take a step back to see what the evidence suggests.
Source Fool.com
Microsoft Corp. Stock
With 106 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 420 € shows a slightly positive potential of 6.79% compared to the current price of 393.3 € for Microsoft Corp..
