Credit Suisse Maintains Outperform on Microsoft, Raises Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
Credit Suisse analyst Sami Badri maintains an Outperform rating on Microsoft (NASDAQ:MSFT) and raises the price target from $350 to $420.
May 31, 2023 | 10:34 am
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Microsoft's price target has been raised from $350 to $420 by Credit Suisse analyst Sami Badri, who maintains an Outperform rating.
The news of Credit Suisse raising Microsoft's price target and maintaining an Outperform rating is positive for the stock. This indicates that the analyst believes the company will outperform its peers in the short term. Investors may react positively to this news, driving the stock price up.
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