RBC Capital Reiterates Outperform on Microsoft, Maintains $500 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Rishi Jaluria has reiterated an Outperform rating on Microsoft (NASDAQ:MSFT) and maintained a $500 price target.
July 31, 2024 | 2:42 pm
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RBC Capital analyst Rishi Jaluria has reiterated an Outperform rating on Microsoft and maintained a $500 price target.
The reiteration of an Outperform rating and a high price target of $500 by a reputable analyst can boost investor confidence in Microsoft's stock, likely leading to a positive short-term impact on its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100