BofA/Merrill Lynch Upgrades Microsoft (MSFT) to Neutral
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Price: $367.34 -3.18%
Rating Summary:
58 Buy, 10 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 2 | Down: 3 | New: 5
Rating Summary:
58 Buy, 10 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 2 | Down: 3 | New: 5
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BofA/Merrill Lynch upgraded Microsoft (NASDAQ: MSFT) from Underperform to Neutral with a price target of $46.00 (from $39.00). Analyst Kash Rangan noted year-to-date underperformance, easier comps, and its 3.3% dividend yield.
For an analyst ratings summary and ratings history on Microsoft click here. For more ratings news on Microsoft click here.
Shares of Microsoft closed at $44.26 yesterday.
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