Macquarie Maintains Outperform on Microsoft, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Sarah Hindlian has maintained an Outperform rating on Microsoft (NASDAQ:MSFT) and increased the price target from $430 to $450.
January 31, 2024 | 11:22 am
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Macquarie analyst Sarah Hindlian reaffirmed an Outperform rating on Microsoft and raised the price target to $450, indicating a positive outlook on the stock.
The increase in price target by Macquarie reflects a positive assessment of 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 85
RELEVANCE 100