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
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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.
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IMPORTANCE 85
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