BMO Capital Maintains Outperform on Microsoft, Raises Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman has maintained an Outperform rating on Microsoft (NASDAQ:MSFT) and increased the price target from $400 to $420.
January 09, 2024 | 4:46 pm
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BMO Capital analyst Keith Bachman reaffirmed an Outperform rating on Microsoft and raised the price target to $420, indicating a positive outlook on the stock.
The increase in price target by BMO Capital suggests a bullish outlook on Microsoft's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100