Wedbush Reiterates Outperform on Microsoft, Maintains $450 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has reiterated an Outperform rating on Microsoft (NASDAQ:MSFT) and maintained a price target of $450. This reaffirmation of Microsoft's stock performance potential reflects continued confidence in the company's growth prospects.
January 29, 2024 | 3:23 pm
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Wedbush analyst Daniel Ives has reiterated an Outperform rating on Microsoft, with a maintained price target of $450, indicating a positive outlook on the company's stock.
The reiteration of an Outperform rating and the maintenance of a high price target by a reputable analyst like Daniel Ives can instill confidence in investors and potentially lead to a positive short term impact on Microsoft's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100