Fintel reports Wedbush reiterated coverage of Microsoft (NASDAQ:MSFT) with an Outperform recommendation on July 5, 2023. Analysts forecast a 1.84% upside with an average one-year price target of 344.21, ranging from 234.32 to $420.00. Microsoft’s projected annual revenue is 244,898MM, with a non-GAAP EPS of 11.41.

There are 7010 funds or institutions holding positions in Microsoft, reflecting a 0.79% increase in the last quarter. The average portfolio weight dedicated to MSFT is 3.54%, up by 23.50%. Institutional shares have increased by 1.86% to 6,134,585K shares. The put/call ratio for MSFT stands at 0.91, indicating a bullish outlook.

Ofi Invest Asset Management owns 243,014K shares (3.27% ownership) of Microsoft. Vanguard Total Stock Market Index Fund Investor Shares hold 230,422K shares (3.10% ownership), with an increase of 1.66% reported. Vanguard 500 Index Fund Investor Shares hold 173,695K shares (2.34% ownership), with a 0.79% increase. Price T Rowe Associates holds 166,036K shares (2.23% ownership), with a 1.57% decrease in ownership.

Microsoft aims to enable digital transformation in the era of an intelligent cloud and edge. Their mission is to empower every person and organization to achieve more. For more information, visit Fintel.

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