Wedbush Sticks to Its Buy Rating for Microsoft (MSFT)

In a report released today, Daniel Ives from Wedbush maintained a Buy rating on Microsoft (MSFTResearch Report), with a price target of $155. The company’s shares closed yesterday at $132.10, close to its 52-week high of $134.24.

According to, Ives is a 4-star analyst with an average return of 5.1% and a 55.1% success rate. Ives covers the Technology sector, focusing on stocks such as Nuance Communications, Uber Technologies Inc, and Pivotal Software Inc.

Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $142.83, representing an 8.1% upside. In a report issued on May 31, Morgan Stanley also reiterated a Buy rating on the stock with a $145 price target.

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The company has a one-year high of $134.24 and a one-year low of $93.96. Currently, Microsoft has an average volume of 25.07M.

Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is negative on the stock.

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