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'Microsoft's stock has been on a tear', raised to $315 at Wedbush

April 12, 2023 9:03 AM EDT

Wedbush reiterated an Outperform rating on Microsoft (NASDAQ: MSFT) and raised their price target on the stock to $315.00 (From $290.00) following positive Azure checks on Redmond in the field.

Microsoft remains firmly on the Wedbush Best Ideas List following recent checks in the field. The checks have been positive around overall cloud deal flow and momentum for Redmond in the March quarter, despite Street fears with Wedbushs analysis that Nadella & Co. should be able to at least hit the low 30% Azure growth for the quarter.

Analyst Daniel Ives wrote... More

Snowflake (SNOW) and Microsoft (MSFT) Premarket Weakness Attributed to Midwest Boutique Comments

April 11, 2023 7:44 AM EDT

Snowflake (NYSE: SNOW) and Microsoft (NASDAQ: MSFT) Premarket Weakness Attributed to Midwest Boutique Comments.

Told comments circulating chat rooms starting around 630am eastern from reputable channel-check firm based in the Midwest.... More