- Mizuho analyst Gregg Moskowitz raised the price target on Microsoft Corp MSFT to $310 from $285, implying a 10.3% upside, and reiterated a Buy rating.
- The economic recovery continues to take hold, and recent software channel checks were very healthy overall, Moskowitz stated.
- Companies that enable digitization are still leading the way, but many legacy and on-premise technologies continue to normalize, he added.
- Additionally, his cybersecurity checks were notably strong this quarter.
- Price action: MSFT shares traded higher by 0.21% at $281.61 in the premarket session on the last check Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
