Piper Sandler Maintains Overweight on Microsoft, Raises Price Target to $400
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brent Bracelin maintains an Overweight rating on Microsoft (NASDAQ:MSFT) and raises the price target from $348 to $400.
May 31, 2023 | 8:05 am
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Piper Sandler raises Microsoft's price target from $348 to $400, maintaining an Overweight rating.
Piper Sandler's raised price target for Microsoft indicates a positive outlook for the stock. The Overweight rating suggests that the analyst believes MSFT will outperform its peers in the short term. This news is likely to have a positive impact on MSFT's stock price.
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