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Credit Suisse Believes Microsoft (MSFT) Won’t Stop Here


Credit Suisse analyst Brad Zelnick maintained a Buy rating on Microsoft (NASDAQ: MSFT) yesterday and set a price target of $115. The company’s shares closed yesterday at $105.43, close to its 52-week high of $105.60.

According to TipRanks.com, Zelnick is a 4-star analyst with an average return of 11.2% and a 72.6% success rate. Zelnick covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Cornerstone Ondemand, and Ultimate Software.

Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $114.24.

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The company has a one-year high of $105.60 and a one-year low of $71.28. Currently, Microsoft has an average volume of 25.51M.

Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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