Analysts Are Bullish on Top Technology Stocks: Microsoft (MSFT), Jabil (JBL)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Microsoft (MSFT) and Jabil (JBL) with bullish sentiments.
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Microsoft (MSFT)
In a report released yesterday, Mark Moerdler from Bernstein reiterated a Buy rating on Microsoft, with a price target of $641.00. The company’s shares closed last Wednesday at $391.79, close to its 52-week low of $376.91.
According to TipRanks.com, Moerdler is a 5-star analyst with an average return of
Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $591.56, representing a 49.0% upside. In a report issued on March 4, J.P. Morgan also maintained a Buy rating on the stock with a $550.00 price target.
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Jabil (JBL)
Raymond James analyst Melissa Fairbanks reiterated a Buy rating on Jabil yesterday and set a price target of $300.00. The company’s shares closed last Wednesday at $258.67.
According to TipRanks.com, Fairbanks is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Jabil with a $288.25 average price target, representing a 16.4% upside. In a report issued on March 11, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $275.00 price target.
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