Guggenheim upgraded Microsoft’s outlook from Sell to Neutral on September 25, 2023. Analysts forecast a 24.57% upside with a one-year price target of $394.91, ranging from $234.32 to $462.00. Annual revenue projection is $244,898MM, up 15.56%, with a non-GAAP EPS of 11.41. Institutional holdings increased by 0.76% to 5,881,849K shares.

VTSMX holds 231,883K shares of Microsoft, representing 3.12% ownership, with a 9.67% increase in portfolio allocation. VFINX holds 177,035K shares, representing 2.38% ownership, with a 9.04% increase. Price T Rowe Associates holds 159,904K shares, representing 2.15% ownership, with a 138.90% increase in portfolio allocation. Geode Capital Management holds 148,129K shares, representing 1.99% ownership, with a 9.63% increase. Jpmorgan Chase holds 113,025K shares, representing 1.52% ownership, with a 902.36% increase.

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