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Analysts Offer Insights on Technology Companies: Telesat Corp (TSAT) and Microsoft (MSFT)

Tipranks - Tipranks - Thu Apr 9, 11:16AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Telesat Corp (TSAT) and Microsoft (MSFT) with bullish sentiments.

Easter Sale - 70% Off TipRanks

Telesat Corp (TSAT)

ATB Cormark Capital Markets analyst David Mcfadgen maintained a Buy rating on Telesat Corp on April 6 and set a price target of C$99.00. The company’s shares closed last Wednesday at $44.00.

Mcfadgen has an average return of 52.7% when recommending Telesat Corp. ;'>

According to TipRanks.com, Mcfadgen is ranked #3072 out of 12128 analysts.

Telesat Corp has an analyst consensus of Moderate Buy, with a price target consensus of $54.26.

See the top stocks recommended by analysts >>

Microsoft (MSFT)

Scotiabank analyst Patrick Colville reiterated a Buy rating on Microsoft on April 6. The company’s shares closed last Wednesday at $378.76, close to its 52-week low of $376.91.

According to TipRanks.com, Colville is a 2-star analyst with an average return of 0.8% and a 46.3% success rate. Colville covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Tenable Holdings. ;'>

Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $582.17, a 51.2% upside from current levels. In a report issued on March 24, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $500.00 price target.

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