MSFT | 28 April 2024 | AI Stock Analysis & News

Microsoft’s stock faces short-term growth but long-term decline due to mixed analyst ratings and market conditions.

Stock AI’s forecasts:
🟢 +7.2% short-term ⬆️
🔴 -4.6% long-term ⬇️

Stock AI’s (MSFT) Forecast get (+7.9% Profit)


StockAI’s analysis delivers real-world results. On 14 March 2024, $MSFT ($426.1), StockAI predicted a long-term 🔴 sell signal. It was accurate: 1 month later price dropped to $392.4 (🔴-7.9%). Selling MSFT on this signal yielded a +7.9% profit 💰💰.

MSFT-Microsoft Corporation News


🔴 Microsoft’s earnings data to be released after market close on April 25th, analysts expect earnings of $2.81 per share.
🟢 Wedbush reissued outperform rating on Microsoft stock with a $500.00 price target.
🔴 Citigroup lowered price target on Microsoft from $480.00 to $475.00, maintains buy rating.
🟢 BMO Capital Markets raised price target on Microsoft from $455.00 to $465.00, maintains outperform rating.
🔴 Wells Fargo raised price target on Microsoft from $460.00 to $480.00, maintains overweight rating.
🟢 UBS Group reaffirmed buy rating on Microsoft with a $480.00 target price.

Microsoft Corporation stock has seen a mix of positive and negative news recently, impacting investor sentiment and price expectations. The upcoming earnings release on April 25th has created anticipation in the market, with analysts forecasting earnings of $2.81 per share. Wedbush’s reiteration of an outperform rating and a $500.00 price target has provided a positive outlook for the stock. However, Citigroup’s decision to lower the price target to $475.00 may have raised concerns among investors. On the other hand, BMO Capital Markets and Wells Fargo both raised their price targets, signaling confidence in Microsoft’s performance. UBS Group’s reaffirmation of a buy rating with a $480.00 target price adds to the positive sentiment surrounding the stock. Overall, the impact of these news events on Microsoft’s stock price remains to be seen, with investors closely monitoring the developments.

MSFT-Microsoft Corporation Analyst Ratings


Here is a summary of recent analyst ratings for Microsoft Corporation stock:

📈 Wedbush reissued their outperform rating on shares of Microsoft with a $500.00 price objective.
📉 Citigroup lowered their price target on Microsoft from $480.00 to $475.00 but maintained a buy rating.
📈 BMO Capital Markets raised their price objective on Microsoft from $455.00 to $465.00 with an outperform rating.

Sources:
1. ETFDailyNews – Wedbush outperform rating
2. ETFDailyNews – Citigroup price target downgrade
3. ETFDailyNews – BMO Capital Markets price objective raise

Disclaimer


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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