In a report released today, Brent Thill from Jefferies maintained a Buy rating on Microsoft (MSFT – Research Report), with a price target of $400.00. The company’s shares closed last Thursday at $301.60.
According to TipRanks.com, Thill is a 5-star analyst with an average return of 14.9% and a 47.4% success rate. Thill covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Palantir Technologies, and Zillow Group Class C.
Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $372.92, representing a 20.7% upside. In a report issued on January 6, Wells Fargo also maintained a Buy rating on the stock with a $425.00 price target.
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Based on Microsoft’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $45.32 billion and net profit of $20.51 billion. In comparison, last year the company earned revenue of $37.15 billion and had a net profit of $13.89 billion.
Based on the recent corporate insider activity of 85 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MSFT in relation to earlier this year.
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.
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