China Renaissance Initiates Coverage On Microsoft with Buy Rating, Announces Price Target of $466
Portfolio Pulse from Benzinga Newsdesk
China Renaissance analyst Colin Liu has initiated coverage on Microsoft (NASDAQ:MSFT) with a Buy rating and set a price target of $466.
December 05, 2023 | 9:49 am
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China Renaissance analyst Colin Liu issued a Buy rating on Microsoft with a price target of $466, indicating a positive outlook on the stock.
Analyst ratings, especially from reputable firms, can influence investor sentiment and stock prices. A Buy rating combined with a high price target suggests an expectation of strong performance, which could lead to increased investor interest and a potential short-term price increase for MSFT.
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