BMO Capital Maintains Outperform on Microsoft, Raises Price Target to $400
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Keith Bachman maintains an 'Outperform' rating on Microsoft (NASDAQ:MSFT) and raises the price target from $385 to $400.
July 26, 2023 | 12:00 pm
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Microsoft's price target has been raised from $385 to $400 by BMO Capital, maintaining an 'Outperform' rating.
The raised price target indicates the analyst's increased confidence in Microsoft's future performance. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100