Argus Research Maintains Buy on Microsoft, Raises Price Target to $430
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst Joseph Bonner has maintained a Buy rating on Microsoft (NASDAQ:MSFT) and increased the price target from $390 to $430.
December 05, 2023 | 4:01 pm
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Argus Research has reaffirmed a Buy rating on Microsoft and raised the price target to $430, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Joseph Bonner suggests a strong confidence in Microsoft's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100