Analyst Picks: 2 Software Stocks to Buy, 1 to Hold
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope.
2017 has been a great year for investors in the software industry, where shares of Oracle (NYSE: ORCL), Adobe (NASDAQ: ADBE), and Microsoft (NASDAQ: MSFT) have all outperformed the S&P 500 stock market average by a factor of two (or more). And if you ask the tech experts at NYC-based equity research firm MoffettNathanson, these gains are likely to continue over the next year or so -- for Oracle and Adobe at least.
But not for Microsoft. Here are three things you need to know.
Source: Fool.com
Microsoft Corp. Stock
With 101 Buy predictions and 2 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 412 € shows a slightly positive potential of 5.7% compared to the current price of 389.8 € for Microsoft Corp..
