Wedbush Maintains Outperform on Microsoft, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has maintained an Outperform rating on Microsoft (NASDAQ:MSFT) and increased the price target from $425 to $450.
December 28, 2023 | 12:32 pm
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Wedbush analyst Daniel Ives has reaffirmed Microsoft's Outperform rating and raised the price target to $450, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Daniel Ives suggests a strong bullish sentiment towards Microsoft's future performance. This can positively influence investor perception and potentially lead to a short-term increase in the stock price.
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IMPORTANCE 85
RELEVANCE 100