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Microsoft (MSFT) PT Raised to $480 at Wells Fargo

April 17, 2024 5:40 AM EDT

Wells Fargo analyst Michael Turrin raised the price target on Microsoft (NASDAQ: MSFT) to $480.00 (from $460.00) while maintaining a Overweight rating.

The analyst comments "MSFT shares are currently trading at 34.5x P/E our NTM est. Our $480 PT (was $460, raised on... More