BofA/Merrill Lynch Upgrades Microsoft (MSFT) to Neutral
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Price: $414.58 +0.23%
Rating Summary:
52 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 51
Rating Summary:
52 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 51
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BofA/Merrill Lynch upgraded Microsoft (NASDAQ: MSFT) from Underperform to Neutral with a price target of $46.00 (from $39.00). Analyst Kash Rangan noted year-to-date underperformance, easier comps, and its 3.3% dividend yield.
For an analyst ratings summary and ratings history on Microsoft click here. For more ratings news on Microsoft click here.
Shares of Microsoft closed at $44.26 yesterday.
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