Morgan Stanley Maintains Overweight on Microsoft, Raises Price Target to $520
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Microsoft (NASDAQ:MSFT) and raises the price target from $465 to $520.
April 11, 2024 | 11:22 am
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POSITIVE IMPACT
Morgan Stanley has maintained its Overweight rating on Microsoft and increased the price target to $520.
The upgrade in the price target by a reputable analyst like Keith Weiss from Morgan Stanley suggests a strong confidence in Microsoft's future performance. This is likely to be viewed positively by the market, potentially leading to a short-term increase in MSFT's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100