Stifel upgraded Microsoft to Buy and raised the price target to $575; that raises analyst support for Microsoft.
Stifel's upgrade and a higher $575 price target raise Wall Street support for Microsoft and imply higher analyst expectations. The $575 target sits well above the $498 close, strengthening the bullish read despite a tiny intraday price dip.
JP Morgan upgraded Graphic Packaging to Overweight but also cut the price target from $12.5 to $11.5, leaving the two facts to cancel each other.
Guggenheim upgraded Editas Medicine to Buy and set a $5 price target, which increases analyst support relative to the $2.92 close.
RBC raised Lakefront Biotherapeutics to Outperform and lifted the price target to $45, which raises analyst optimism for the company.
Follow Microsoft Corp (MSFT) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for MSFT