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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POSITIVE IMPACT
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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100