Exane BNP Paribas Upgrades Microsoft to Outperform, Announces $471 Price Target
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Stefan Slowinski upgraded Microsoft (NASDAQ:MSFT) from Neutral to Outperform and set a price target of $471.

January 18, 2024 | 10:48 am
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Microsoft was upgraded by Exane BNP Paribas from Neutral to Outperform with a new price target of $471.
Analyst upgrades typically lead to positive short-term sentiment as they suggest a bullish outlook on the company's future performance. The new price target of $471 implies a significant upside potential from the current trading price, which can attract investors and drive the stock price up in the short term.
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