Keybanc Maintains Overweight on Microsoft, Raises Price Target to $400
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Michael Turits maintains an Overweight rating on Microsoft (NASDAQ:MSFT) and raises the price target from $340 to $400.
July 18, 2023 | 8:35 am
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Microsoft's price target has been raised from $340 to $400 by Keybanc, maintaining an Overweight rating.
The raised price target indicates the analyst's increased confidence in Microsoft's future performance. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100