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.
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