Redburn Partners Maintains Buy on Microsoft, Lowers Price Target to $440
Portfolio Pulse from Benzinga Newsdesk
Redburn Partners analyst Alex Haissl maintains a 'Buy' rating on Microsoft (NASDAQ:MSFT) but has lowered the price target from $450 to $440.
August 11, 2023 | 11:37 am
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Microsoft's price target has been lowered from $450 to $440 by Redburn Partners, though the 'Buy' rating is maintained.
The news is directly related to Microsoft and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target may indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the rating is still 'Buy'.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100