J.P. Morgan Continues To Rate Microsoft Neutral

According to J.P. Morgan, Microsoft MSFT is still rated Neutral. J.P. Morgan said that it is updating its model to reflect Gartner's latest worldwide PC shipment forecast, published June 8, 2011. “We continue to rate MSFT Neutral with a $30 Dec-11 price target based on our DCF.” Microsoft closed yesterday at $23.94.