UBS Maintains Buy on Microsoft, Lowers Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Karl Keirstead maintains a Buy rating on Microsoft but lowers the price target from $510 to $500.
October 31, 2024 | 7:40 pm
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NEUTRAL IMPACT
UBS analyst Karl Keirstead maintains a Buy rating on Microsoft but lowers the price target from $510 to $500.
The Buy rating suggests continued confidence in Microsoft's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100