Goldman Sachs Maintains Buy on Microsoft, Lowers Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan maintains a Buy rating on Microsoft but lowers the price target from $515 to $500.
October 10, 2024 | 11:21 am
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Goldman Sachs analyst Kash Rangan maintains a Buy rating on Microsoft but lowers the price target from $515 to $500.
The Buy rating suggests continued confidence in Microsoft's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100