MSFT, GWRE, NUAN Least Vulnerable in Slower Economy, Says Deutsche
Posted on June 14, 2012 at 13:10 PM EDT
Deutsche Bank software analyst Tom Ernst this morning offers up a rather long (166 pages) report in which he cut his software industry outlook for the year, writing that the stocks of Microsoft (MSFT) and others already reflect too bearish a view, but that they could have downside if “macro growth flattens in the U.S. [...]