Microsoft: Morgan Stanley hails its attractive profile
(CercleFinance.com) - On Thursday Morgan Stanley renewed its buy recommendation on Microsoft shares, with a target price of 354 dollars, after its contact with the tech group's executives at its Redmond campus (Washington).
The broker said that the discussions reinforced its confidence in the stock's ability to deliver a total return (including dividends) of between 15% and 20%, a scenario that it believes is not currently priced in, with it therefore generating an attractive risk/reward profile.
Ultimately, analysts believe that Microsoft remains one of the best positioned players in tech, with sustainable growth, improving margins and a capital allocation that can deliver a solid total return of close to 20%.
Note that the share is down 28% YTD.
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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.
The broker said that the discussions reinforced its confidence in the stock's ability to deliver a total return (including dividends) of between 15% and 20%, a scenario that it believes is not currently priced in, with it therefore generating an attractive risk/reward profile.
Ultimately, analysts believe that Microsoft remains one of the best positioned players in tech, with sustainable growth, improving margins and a capital allocation that can deliver a solid total return of close to 20%.
Note that the share is down 28% YTD.
Copyright (c) 2022 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.