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Oppenheimer raises Microsoft price target on strong demand

Investing.com · ·by G4L

MSFT Microsoft Corp
$523.00 +0.36%
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  1. 1Oppenheimer analyst Brian Schwartz raised the price target for Microsoft from $570 to $625.
  2. 2He projected total revenue for Microsoft's first fiscal quarter to reach $90 billion.
  3. 3He expects Microsoft's total revenue for the first fiscal quarter to grow 16% year-over-year.

So what's the key point?

Oppenheimer expects Microsoft's stock price to rise further. They anticipate this quarter's revenue will reach $90 billion.

Source Investing.com · View original ↗

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