Wells Fargo Maintains Overweight on Microsoft, Raises Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Overweight rating on Microsoft (MSFT) and raises the price target from $480 to $500.
April 26, 2024 | 6:26 pm
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Wells Fargo analyst Michael Turrin maintains an Overweight rating on Microsoft and raises the price target from $480 to $500.
The increase in the price target by a reputable analyst suggests a positive outlook on Microsoft's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100