- The shares of Microsoft (NASDAQ: MSFT) have been reiterated with a price target of $265 by Credit Suisse. These are the details.
The shares of Microsoft have received a price target of $265 by Credit Suisse. And Credit Suisse analyst Stephen Ju initiated coverage of Microsoft shares with an “Outperform” rating.
Ju decided not to make any changes to the prior rating, price target, or estimates from January.
Back in January, Credit Suisse analyst Brad Zelnick had increased the price target on Microsoft from $235 to $265 based on the company’s second-quarter earnings report. Zelnick had cited Microsoft as overachieving across the board with Azure and Commercial Cloud accelerating.
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.