Wedbush Reiterates Outperform on Microsoft, Maintains $400 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has reiterated an 'Outperform' rating on Microsoft (NASDAQ:MSFT) and maintained a price target of $400.
September 21, 2023 | 1:43 pm
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Wedbush analyst maintains 'Outperform' rating on Microsoft and keeps a $400 price target.
The reiteration of an 'Outperform' rating by a well-known analyst like Daniel Ives is a positive signal for Microsoft. The maintained price target of $400 indicates that the analyst believes the stock has significant upside potential. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100