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Analysts raise Microsoft price targets after Q4 beat

Published 07/21/2017, 08:34 AM
© Reuters.  Analysts raise Microsoft price targets after Q4 beat
MSFT
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  • Cowen raises its Microsoft (NASDAQ:MSFT) price target by $2 to $80 and maintains an Outperform rating.
  • Analyst Gregg Moskowitz thinks margin concerns will dissipate by year’s end and he remains bullish on the company in the long-term.
  • Stifel raises its price target by $7 to $80 with a Buy rating.
  • Analyst Brad Reback recommends buying on weakness and cites the company’s commercial cloud sales and gross margin growth as tailwinds driving Microsoft towards higher operating profit and FCF.
  • Microsoft shares are down 0.57% premarket after giving up the post-earnings gains.
  • Previously: Microsoft beats Q4 estimates on cloud strength; shares up 1.2% (July 20)
  • Now read: Dividend Champion Up 5% - Bears Run Away From Garbage Narrative


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