RBC Capital Reiterates Outperform on Microsoft, Maintains $390 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Rishi Jaluria has reiterated an 'Outperform' rating on Microsoft (NASDAQ:MSFT) and maintained a price target of $390.
October 25, 2023 | 4:35 pm
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POSITIVE IMPACT
Microsoft's stock is expected to perform well as RBC Capital maintains an 'Outperform' rating and a price target of $390.
The 'Outperform' rating from RBC Capital indicates that they expect Microsoft's stock to do better than the overall market. The maintained price target of $390 suggests that they believe the stock has significant upside potential. This is likely to have a positive impact on the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100