There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Microsoft (MSFT – Research Report) and Plexus (PLXS – Research Report) with bullish sentiments.
Microsoft (MSFT)
UBS analyst Karl Keirstead maintained a Buy rating on Microsoft today and set a price target of $520.00. The company’s shares closed last Thursday at $399.04.
According to TipRanks.com, Keirstead is a 5-star analyst with an average return of
Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $489.02, which is a 24.1% upside from current levels. In a report issued on April 12, BMO Capital also reiterated a Buy rating on the stock with a $465.00 price target.
See today’s best-performing stocks on TipRanks >>
Plexus (PLXS)
In a report released today, David Williams from Benchmark Co. reiterated a Buy rating on Plexus, with a price target of $110.00. The company’s shares closed last Thursday at $99.09.
According to TipRanks.com, Williams is a 4-star analyst with an average return of
Currently, the analyst consensus on Plexus is a Strong Buy with an average price target of $106.33, representing an 11.2% upside. In a report released today, Needham also maintained a Buy rating on the stock with a $114.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on MSFT:
- Microsoft earnings press release available on Investor Relations website
- MSFT Earnings: Microsoft Jumps after Stellar Q3 Results
- Options Volatility and Implied Earnings Moves Today, April 25, 2024
- U.S. Tech Giants Prioritize Ethics, Cut Ties with Sandvine
- What Wall Street is saying about Microsoft ahead of earnings
