News Formal

Analysts overwhelmingly say buy Microsoft on post-earnings dip, AI story intact

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

Investment Strategy Notizia

Markets,Microsoft Corp,Business News

Analysts on Wall Street think Microsoft's post-earnings pullback is a buying opportunity.

Analysts on Wall Street think Microsoft's post-earnings pullback is a buying opportunity. Shares of the technology company dipped 1% after Microsoft after disappointing cloud revenue obscured stronger-than-expected overall results for the fiscal fourth quarter. Microsoft's Intelligent Cloud segment raked in $28.52 billion in revenue last quarter, while analysts polled by LSEG expected $28.68 billion.

mountain Microsoft stock. But analysts at firms including Goldman Sachs and JPMorgan asserted that weakness created an entry point for investors. They also noted that the company's cloud growth will reaccelerate, while its artificial intelligence offerings remain promising. Take a look at what some analysts around the Street said after Microsoft released its results. Goldman Sachs Analyst Kash Rangan maintained a buy rating on Microsoft and reiterated his $515 per share price target.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Top Wall Street analysts suggest these dividend stocks for enhanced returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Coca-Cola and Diamondback Energy
Fonte: NBCPhiladelphia - 🏆 569. / 51 Leggi di più »

Top Wall Street analysts suggest these dividend stocks for enhanced returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Coca-Cola and Diamondback Energy
Fonte: NBCLA - 🏆 319. / 59 Leggi di più »

Wall Street analysts see more downside ahead for Tesla as latest earnings report lacks 'razzle dazzle'Wall Street is bracing for a rocky rod ahead for shares of Tesla on the back of a messy second-quarter print.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Top Wall Street analysts are confident about the potential behind these 3 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Costco and Nvidia
Fonte: NBCPhiladelphia - 🏆 569. / 51 Leggi di più »

Top Wall Street analysts are confident about the potential behind these 3 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Costco and Nvidia
Fonte: NBCLA - 🏆 319. / 59 Leggi di più »