Rosenblatt Securities Believes Microsoft (NASDAQ: MSFT) Still Has Room to Grow

Rosenblatt Securities analyst John McPeake maintained a Buy rating on Microsoft (MSFTResearch Report) today and set a price target of $301.00. The company’s shares closed last Thursday at $256.70, close to its 52-week high of $263.19.

McPeake has an average return of 6.3% when recommending Microsoft.

According to, McPeake is ranked #5516 out of 7545 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Microsoft with a $297.96 average price target, which is a 17.2% upside from current levels. In a report issued on May 26, Wedbush also assigned a Buy rating to the stock with a $310.00 price target.

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The company has a one-year high of $263.19 and a one-year low of $184.01. Currently, Microsoft has an average volume of 26.28M.

Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MSFT in relation to earlier this year.

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Microsoft Corp. is a technology company offering an array of software, services, and solutions as well as devices like personal computers, tablets and gaming consoles. It operates through the following business segments:
• Productivity and Business Processes: generates revenue from Office Commercial and Office Consumer offerings, LinkedIn and Dynamics business solutions.
• Intelligent Cloud: includes public, private and hybrid server products and cloud services.
• More Personal Computing: includes Windows licensing, Windows Commercial products and cloud services, Surface devices and PC accessories, gaming business and search advertising revenue.
The company was founded by Paul Gardner Allen and William Henry Gates III in 1975 and is headquartered in Redmond, WA.