Barclays Maintains Overweight on Microsoft, Raises Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Overweight rating on Microsoft (NASDAQ:MSFT) and increased the price target from $410 to $425.
November 14, 2023 | 1:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays has reaffirmed its Overweight rating on Microsoft and raised the price target from $410 to $425, indicating a positive outlook on the stock.
An increase in the price target by a major analyst like Barclays generally suggests a bullish view on the stock's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100