Raymond James Reiterates Outperform on Microsoft, Raises Price Target to $480
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Andrew Marok has reiterated an Outperform rating on Microsoft (NASDAQ:MSFT) and increased the price target from $450 to $480.
April 26, 2024 | 5:38 pm
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Microsoft's price target was raised from $450 to $480 by Raymond James, with an Outperform rating reiterated.
The increase in price target by a reputable analyst firm like Raymond James typically signals a strong bullish outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a positive short-term price movement.
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