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Piper Sandler says investors should add to Microsoft (MSFT) positions

October 23, 2023 10:06 AM EDT

Piper Sandler analyst Brent Bracelin told investors in a note Monday not to sleep on a non-cloud recovery for Microsoft (NASDAQ: MSFT) in December.

Bracelin explained that Overweight-rated Microsoft shares have been rangebound between $312 and $330 after the sell-off following the July earnings... More