Bernstein Maintains Outperform on Microsoft, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Mark Moerdler maintains an Outperform rating on Microsoft (NASDAQ:MSFT) and raises the price target from $398 to $400.
September 20, 2023 | 11:48 am
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Microsoft's price target has been raised from $398 to $400 by Bernstein analyst Mark Moerdler, who maintains an Outperform rating on the stock.
The news of a price target increase and maintained Outperform rating by a Bernstein analyst is likely to be seen positively by the market, potentially leading to an increase in Microsoft's stock price in the short term.
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