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Microsoft (MSFT) is a 'share gainer' claims Morgan Stanley analyst

January 11, 2023 1:18 PM EST

In a note to clients Wednesday, Morgan Stanley analyst Keith Weiss defended Microsoft (NASDAQ: MSFT), saying the company is not immune to macro headwinds, but it is well-positioned.

Weiss, who has an Overweight rating and a $307 price target on the stock, told investors in his research memo that moderating IT and software budget growth and an unfavorable up-to-down budget revision expectation creates a challenging backdrop into CY23. However, Morgan Stanley sees... More