tiprankstipranks
Blurbs

Microsoft (MSFT): New Buy Recommendation for This Technology Giant

In a report released yesterday, Mark Murphy from J.P. Morgan maintained a Buy rating on Microsoft (MSFTResearch Report), with a price target of $320.00. The company’s shares closed last Thursday at $274.58.

According to TipRanks.com, Murphy is a 5-star analyst with an average return of 11.6% and a 57.4% success rate. Murphy covers the Technology sector, focusing on stocks such as Qualtrics International, DigitalOcean Holdings, and DoubleVerify Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Microsoft with a $355.92 average price target, representing a 34.6% upside. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $345.00 price target.

See the top stocks recommended by analysts >>

Based on Microsoft’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $49.36 billion and net profit of $16.73 billion. In comparison, last year the company earned revenue of $41.71 billion and had a net profit of $15.46 billion.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Microsoft Corp. is a technology company offering an array of software, services, and solutions as well as devices like personal computers, tablets and gaming consoles. It operates through the following business segments:
• Productivity and Business Processes: generates revenue from Office Commercial and Office Consumer offerings, LinkedIn and Dynamics business solutions.
• Intelligent Cloud: includes public, private and hybrid server products and cloud services.
• More Personal Computing: includes Windows licensing, Windows Commercial products and cloud services, Surface devices and PC accessories, gaming business and search advertising revenue.
The company was founded by Paul Gardner Allen and William Henry Gates III in 1975 and is headquartered in Redmond, WA.

Read More on MSFT:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed