Wedbush Reiterates Outperform on Microsoft, Maintains $500 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has reiterated an Outperform rating on Microsoft (NASDAQ:MSFT) and maintained a $500 price target.
April 26, 2024 | 1:07 pm
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POSITIVE IMPACT
Wedbush maintains an Outperform rating on Microsoft with a $500 price target.
The reiteration of an Outperform rating and a high price target by a reputable analyst like Daniel Ives suggests strong confidence in Microsoft's future performance. This could positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100