Microsoft shares saw a bullish upgrade from Stifel, with analyst Brad Reback lifting the price target to $575 as the company regains its strategic footing in cloud computing.
Stifel analyst Brad Reback upgraded Microsoft to buy from hold and raised the price target to 575 from 530, citing the company getting back on track.
Stifel analyst Brad Reback upgraded Microsoft shares to buy from hold, citing the tech giant's return to operational momentum. The firm also raised its price target on the stock to $575 from $530, signaling confidence in the company's cloud and software leadership.
Stifel analyst Brad Reback upgraded the stock because he believes the company is getting back on track in its cloud computing and software segments.