Wedbush Maintains Outperform on Microsoft, Raises Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains an Outperform rating on Microsoft (NASDAQ:MSFT) and raises the price target from $475 to $500.
March 26, 2024 | 10:33 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wedbush analyst Daniel Ives maintains an Outperform rating on Microsoft and raises the price target from $475 to $500.
The upgrade in the price target by a reputable analyst like Daniel Ives suggests a strong bullish sentiment towards Microsoft's stock. This is likely to positively influence investor perception and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100