Microsoft gains as strong results outweigh cautious guidance; Analysts remain very bullish
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Go back to Microsoft gains as strong results outweigh cautious guidance; Analysts remain very bullish
October 26, 2023 6:43 AM EDT
HSBC analysts led by Stephen Bersey upgraded Microsoft (NASDAQ: MSFT) shares to Buy from Hold after the company reported a strong set of FQ1 results.
Berseys 3 factors that fueled the rating change are:
Accelerating growth;Expanding margins; andAttractive valuation
We think that the company is benefiting from a material uptick in global customers investing in AI projects and that Azure is a platform of... More
October 25, 2023 4:31 AM EDT
Deutsche Bank analyst Brad Zelnick raised the price target on Microsoft (NASDAQ: MSFT) to $395.00 (from $380.00) while maintaining a Buy rating.... More
October 25, 2023 4:28 AM EDT
Stifel analyst Brad Reback raised the price target on Microsoft (NASDAQ: MSFT) to $390.00 (from $380.00) while maintaining a Buy rating.... More
October 25, 2023 3:43 AM EDT
Barclays analyst Raimo Lenschow lowered the price target on Microsoft (NASDAQ: MSFT) to $421.00 (from $425.00) while maintaining a Overweight rating.... More
