Why Microsoft Stock Popped Friday
Microsoft (Nasdaq: MSFT) stock jumped 4.1% through 12:25 p.m. ET Friday after Karl Kierstead, an analyst at investment bank UBS, lowered his price target on the software giant -- but insisted Microsoft stock is a buy anyway.
Kierstead puts Microsoft's price target at $600, implying investors who buy today can expect a 28% profit in 12 months.
Image source: Getty Images.
Source Fool.com
Microsoft Corp. Stock
€337.85
-0.220%
Our community is currently high on Microsoft Corp. with 164 Buy predictions and 5 Sell predictions.
With a target price of 501 € there is a positive potential of 48.29% for Microsoft Corp. compared to the current price of 337.85 €.
