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Sunday, 04/24/2022 2:52:47 PM

Sunday, April 24, 2022 2:52:47 PM

Post# of 6429
Microsoft (MSFT) Rating Increased to Hold at Zacks Investment Research
By: ABMN | April 23, 2022

• Microsoft (NASDAQ:MSFT – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday, Zacks.com reports. The firm currently has a $329.00 price objective on the software giant’s stock. Zacks Investment Research‘s price objective suggests a potential upside of 20.06% from the stock’s current price.

According to Zacks, “Microsoft’s performance is benefiting from strength in its Azure cloud platform amid accelerated global digital transformation. Teams’ user growth is gaining from continuation of remote work and mainstream adoption of hybrid/flexible work model...

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