UBS Upgrades Microsoft to Buy, Raises Price Target to $400
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Karl Keirstead has upgraded Microsoft (NASDAQ:MSFT) from Neutral to Buy and raised the price target from $345 to $400.
July 14, 2023 | 9:33 am
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POSITIVE IMPACT
Microsoft's stock has been upgraded to Buy by UBS with a new price target of $400, up from $345.
The upgrade from Neutral to Buy by UBS indicates a positive outlook for Microsoft's stock. The raised price target from $345 to $400 suggests that the analyst expects the stock to perform well in the short term. This could potentially lead to an increase in the stock's price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100