Microsoft (MSFT) Receives a Rating Update from a Top Analyst


RBC Capital analyst Ross MacMillan maintained a Buy rating on Microsoft (MSFT) yesterday and set a price target of $124. The company’s shares closed yesterday at $102.89.

According to TipRanks.com, MacMillan is a top 25 analyst with an average return of 27.3% and a 81.4% success rate. MacMillan covers the Technology sector, focusing on stocks such as Coupa Software Inc, Ultimate Software, and Salesforce.com.

Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $124.32, a 20.8% upside from current levels. In a report issued on December 3, Credit Suisse also maintained a Buy rating on the stock with a $125 price target.

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Microsoft’s market cap is currently $814.3B and has a P/E ratio of 42.69. The company has a Price to Book ratio of 9.19.

Based on the recent corporate insider activity of 97 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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