In a report released yesterday, Daniel Ives from Wedbush maintained a Buy rating on Microsoft (MSFT – Research Report), with a price target of $375.00. The company's shares closed last Wednesday at $318.27. According to TipRanks.com, Ives is a top 100 analyst with an average return of 33.9% and a 71.7% success rate. Ives covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Consensus Cloud Solutions, and Palo Alto Networks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Microsoft with a $373.91 average price target, representing a 17.0% upside.
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