Microsoft: Jefferies rises target price
(CercleFinance.com) - On Thursday an analyst at Jefferies added 10 dollars to his target price for the Microsoft share, which is now 195 dollars (vs.
185 dollars), appreciating the "strong F2Q results" published by the US tech giant last night.
"We believe MSFT is a diversified business with excellent visibility into double-digit rev growth supported by multiple drivers and secular trends for the foreseeable future," the broker says, which recommends investors buy the share.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
185 dollars), appreciating the "strong F2Q results" published by the US tech giant last night.
"We believe MSFT is a diversified business with excellent visibility into double-digit rev growth supported by multiple drivers and secular trends for the foreseeable future," the broker says, which recommends investors buy the share.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.