Microsoft Corporation shares are advancing strongly following the release of the company’s quarterly results. The Microsoft Analysts Piper Sandler analyst Brent Bracelin maintained an Overweight rating and a $352 price target on Microsoft shares. Rosenblatt Securities analyst Blair Abernethy maintained a Buy rating and a price target of $349. Wedbush analyst Daniel Ives has an Outperform rating and a $375 price target. The firm also kept the stock on its “Best Ideas List” and named Microsoft one of its favorite tech names for 2022. RBC Capital Markets analyst Rishi Jaluria maintained an Outperform rating and a price target of $380. Wells Fargo Securities analyst Michael Turrin has an Overweight rating and a $425 price target. The Microsoft Theses Piper Sandler Recommends Buying Microsoft On Favorable Risk-Reward Microsoft’s commercial bookings surged 32 percent higher year-over-year, accelerating from the 11 percent growth in the previous quarter, underlining enterprise appetite to invest in cloud computing, …
Microsoft Analysts See a Bright Future Following Strong Q2 Earnings; Cloud Computing a Major Driver
January 27, 2022
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