Piper Sandler Reiterates Overweight on Microsoft, Raises Price Target to $485
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Microsoft (NASDAQ:MSFT) and raised the price target from $465 to $485.
July 23, 2024 | 9:12 am
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Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Microsoft and raised the price target from $465 to $485.
The reiteration of an Overweight rating and the increase in the price target from $465 to $485 by Piper Sandler is a positive signal for investors. It suggests confidence in Microsoft's future performance, likely leading to a short-term increase in the stock price.
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