RBC Capital Maintains Outperform on Microsoft, Raises Price Target to $390
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Rishi Jaluria maintains an 'Outperform' rating on Microsoft (NASDAQ:MSFT) and has raised the price target from $350 to $390.
July 26, 2023 | 2:10 pm
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RBC Capital maintains an 'Outperform' rating on Microsoft and raises the price target from $350 to $390, indicating a positive outlook for the company.
The raised price target by RBC Capital indicates their belief in Microsoft's strong performance and growth potential. This could lead to increased investor confidence and potentially a rise in Microsoft's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100