Morgan Stanley Maintains Overweight on Microsoft

Morgan Stanley is out with its report today on Microsoft MSFT, maintaining Overweight. In a note to clients, Morgan Stanley writes, "PC units should see accelerating growth in the Sept Q as comps ease while supply chain data has already stopped getting worse and seasonal promotions should help. A stable growth in the PC market should be a positive for MSFT's stock." At the time of posting, shares of MSFT were trading pre-market at $26.61, down 0.08% from Wednesday's close.