Microsoft (MSFT) Receives a Buy from Barclays
In a report released today, Raimo Lenschow from Barclays maintained a Buy rating on Microsoft, with a price target of $600.00.
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Lenschow covers the Technology sector, focusing on stocks such as Oracle, Snowflake, and CoreWeave. According to TipRanks, Lenschow has an average return of -1.9% and a 44.24% success rate on recommended stocks.
In addition to Barclays, Microsoft also received a Buy from William Blair’s Jason Ader in a report issued yesterday. However, on February 25, TipRanks – xAI downgraded Microsoft (NASDAQ: MSFT) to a Hold.
Based on Microsoft’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $81.27 billion and a net profit of $38.46 billion. In comparison, last year the company earned a revenue of $69.63 billion and had a net profit of $24.11 billion
Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Kathleen Hogan, the EVP, Strategy of MSFT sold 12,320.00 shares for a total of $5,045,286.40.
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