What's Going On With Microsoft Stock Today?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 16 2024
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Source: Benzinga
- Microsoft Analyst Update: Mizuho analyst Gregg Moskowitz maintains Microsoft with an Outperform rating and raises the price target from $450 to $480.
- Investigation by U.K. Regulator: The U.K. Competition and Markets Authority is investigating Microsoft's hiring of former Inflection AI employees and related agreements to determine if it constitutes a merger under the Enterprise Act 2002.
Analyst Views on XLK
Wall Street analysts forecast XLK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XLK is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 144.880
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Current: 144.880
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
