Piper Sandler Reiterates Overweight on Microsoft, Maintains $400 Price Target
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Microsoft (NASDAQ:MSFT) and maintained a $400 price target.
July 26, 2023 | 8:11 am
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Microsoft's stock rating has been reiterated as Overweight by Piper Sandler, with a maintained price target of $400.
The reiteration of an Overweight rating indicates that the analyst believes Microsoft's stock will outperform the market. This, coupled with the maintained high price target, suggests a positive outlook for the company's stock in the short term.
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