Wells Fargo Maintains Overweight on Microsoft, Raises Price Target to $365
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Overweight rating on Microsoft (NASDAQ:MSFT) and raises the price target from $345 to $365.
May 31, 2023 | 12:03 pm
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Wells Fargo maintains an Overweight rating on Microsoft and raises the price target from $345 to $365.
The news of Wells Fargo maintaining an Overweight rating on Microsoft and raising the price target from $345 to $365 indicates a positive outlook for the company's stock. This is likely to have a positive short-term impact on Microsoft's stock price as it shows confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100