Analysts set Microsoft stock price target

Bank of America reinstated coverage of Microsoft on March 24 with a Buy rating and a $500 price target, implying ~31% upside. The analyst action signals renewed conviction in Microsoft’s fundamentals and growth outlook, likely providing modest positive catalyst for the stock.

Analysis

Bank of America reinstated coverage of Microsoft on March 24 with a Buy rating and a $500 price target, implying ~31% upside. The analyst action signals renewed conviction in Microsoft’s fundamentals and growth outlook, likely providing modest positive catalyst for the stock.