Piper Sandler Reiterates Overweight on Microsoft, Raises Price Target to $465
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Microsoft (NASDAQ:MSFT) and increased the price target from $455 to $465.
April 26, 2024 | 9:37 am
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Piper Sandler's reiteration of an Overweight rating on Microsoft and the increase in price target from $455 to $465 signals continued confidence in the company's performance.
The upgrade in price target by a reputable analyst firm like Piper Sandler typically indicates a positive outlook on the company's future performance and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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