Bernstein Maintains Outperform on Microsoft, Raises Price Target to $489
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Mark Moerdler maintains an Outperform rating on Microsoft (NASDAQ:MSFT) and raises the price target from $465 to $489.

April 26, 2024 | 10:02 am
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Bernstein analyst Mark Moerdler maintains an Outperform rating on Microsoft and raises the price target from $465 to $489.
The increase in price target by Bernstein reflects a positive outlook on Microsoft's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100