New Analyst TargetNorthern Securities technology analyst has upgraded his target for MSD to $45.00. It could be slightly higher dependant upon the number of bidders, but $45.00 is the minimum target. It would probably be worth it to WIN because the combined companies will be a major powerhouse likely to profit from increased settlements and less protracted litigation processes. I am an MSD shareholder, but I do agree with the WIN shareholders that the combined company is unlikely to remain independent for very long, likely to be scooped up by one of the U.S. majors. Rejection of the WIN bid by MSD board is likely early next week, but ultimate agreement on a price in the $45.00 area probably sooner than later, most likely with WIN.