Three Analysts Raise Microsoft Price Targets to $650 After 19% Growth

Three analysts raised their price targets for Microsoft shares to $650 on Oct. 29, a day after the company posted 19% year-over-year revenue growth in its fiscal first quarter. TD Cowen analyst Derrick Wood raised his target to $650 from $625 and maintained a Buy rating. Piper Sandler analyst Billy Fitzsimmons lifted his target to $650 from $610, keeping an Overweight rating. D.A. Davidson analyst Gil Luria moved to $650 from $550 and kept a Buy rating. Citizens JMP analyst Patrick Walravens raised his target to $625 from $550 and maintained a Market Outperform rating.

Source: TokenPost