What Wall Street Thinks Microsoft Will Be Worth 1 Year From Now. Here's Why It Matters.

Microsoft stock had a bad day on Thursday, but analysts remain bullish.Microsoft (MSFT 1.61%) stock was in free fall on Thursday, dropping more than 12% despite posting earnings Wednesday afternoon that appeared to be strong on the top and bottom lines.The revenue and earnings numbers beat estimates in blowout fashion. The technology giant saw revenue climb 17% to $81.3 billion, while net income jumped 60% to $38.5 billion, or $5.16 per share, which blew away estimates of $3.92 per share. Microsoft's cash ...