In a report released today, Heather Bellini from Goldman Sachs maintained a Buy rating on Microsoft (MSFT), with a price target of $131. The company’s shares opened today at $123.37, close to its 52-week high of $123.52.
According to TipRanks.com, Bellini is a 5-star analyst with an average return of 18.6% and a 75.5% success rate. Bellini covers the Technology sector, focusing on stocks such as SolarWinds Corporation, Pivotal Software Inc, and Salesforce.com.
Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $128, a 3.8% upside from current levels. In a report issued on April 3, Morgan Stanley also maintained a Buy rating on the stock with a $140 price target.
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Based on Microsoft’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $32.38 billion and net profit of $8.42 billion. In comparison, last year the company earned revenue of $26.81 billion and had a net profit of $7.42 billion.
Based on the recent corporate insider activity of 103 insiders, corporate insider sentiment is negative 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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