HSBC Upgrades Microsoft to Buy, Announces $413 Price Target
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Stephen Bersey has upgraded Microsoft (NASDAQ:MSFT) from Hold to Buy and announced a price target of $413.
October 26, 2023 | 8:28 am
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Microsoft has been upgraded from Hold to Buy by HSBC with a new price target of $413.
The upgrade from Hold to Buy by HSBC indicates a positive outlook for Microsoft. The new price target of $413 suggests that HSBC believes the stock has significant upside potential. This could lead to increased buying pressure in the short term, potentially driving the stock price up.
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