1 Wall Street Analyst Thinks Microsoft Stock Is Going to $465. Is It a Buy Around $425?
From Nasdaq: 2024-04-02 08:07:12
Microsoft (NASDAQ: MSFT) is expected to see a 10% share price increase in the next 12 months, with a buy recommendation reiterated by Morgan Stanley analyst Keith Weiss. The company’s unbundling of Teams from Office aims to address antitrust concerns in Europe without impacting overall business trajectory.
Despite unbundling, Microsoft’s Office business is expected to remain strong, with potential for growth in cloud computing and artificial intelligence. Analysts believe the stock has significant potential for growth, with Weiss setting a price target of $465 per share, representing a 9.5% increase from current levels. Microsoft continues to dominate various tech sectors.
With a strong presence in office software, cloud computing, and AI, Microsoft remains a powerhouse in the tech industry. Analysts advise investors to consider the stock for long-term growth potential. The Motley Fool’s Stock Advisor newsletter lists Microsoft among the top 10 stocks for investors to buy, highlighting the company’s profitability and promising future prospects.
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