Raymond James Maintains Outperform on Microsoft, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Andrew Marok has maintained an Outperform rating on Microsoft (NASDAQ:MSFT) and increased the price target from $400 to $450.
January 31, 2024 | 11:34 am
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Raymond James analyst Andrew Marok maintains an Outperform rating on Microsoft and raises the price target from $400 to $450.
The increase in price target by Raymond James reflects a positive outlook on Microsoft's performance and potential growth. This endorsement from a reputable analyst is likely to instill confidence in investors and could lead to a short-term increase in the stock price as the market reacts to the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100