JP Morgan Maintains Overweight on Microsoft, Raises Price Target to $350
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Mark Murphy maintains an Overweight rating on Microsoft (NASDAQ:MSFT) and raises the price target from $315 to $350.
June 15, 2023 | 12:09 pm
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POSITIVE IMPACT
JP Morgan analyst Mark Murphy maintains an Overweight rating on Microsoft and raises the price target from $315 to $350.
The news of JP Morgan maintaining an Overweight rating on Microsoft and raising the price target from $315 to $350 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 growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100