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Mar 08
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Microsoft Price TargetFinancial Analyst Comments Off
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Since the dot com bubble burst Microsoft stock has been the sick man of Wallstreet, the stock has remained stuck in the $20s range for the last decade. During that period other Tech stock, Google, Apple and Amazon have delivered out size returns for their investors.
Recently theres has been good news from analyst about Microsoft stock, here is a a round of of what Analyst covering Microsoft are saying.
Oppenheimer & Co Microsoft Stock Prediction
The U.S. investment firm Oppenheimer & Co. analyst Brad Reback released investment, maintaining the Microsoft stock’s “outperform” rating and raised the Microsoft stock price target to $36 from $32. His judgments were based on seeing the Microsoft system’s advantages in the Developer Conference of the 2012 Mobile World Congress.
Citigroup analyst forecast for Microsoft
Citigroup analyst Walter Pritchard reiterated the Microsoft stock’s “buy” rating and the Microsoft stock price target of $35.
Barclays Microsoft share price forecast
Barclays Capital has also raised its price target on the stock.Its price target on Microsoft’s stock is $33.
Goldman Sachs Forecast
Goldman Sachs raised its price target on Microsoft from $29 to $32 following better-than-expected Q4 EPS.
Is Microsoft stock finally turning the corner? Investors should not be too excited because even as Microsoft stock was lagging in the last decade, this is a company that always reported good results but the stock never barged.