UBS Raises MSFT Price Target to $46, Jeffries to $47

by Christopher Freeburn | March 25, 2014 10:53 am

UBS Raises MSFT Price Target to $46, Jeffries to $47

microsoft sign 630 flickr 300x200 UBS Raises MSFT Price Target to $46, Jeffries to $47[1]Analysts at several investment firms have boosted their expectations[2] for Microsoft (MSFT[3]).

On Tuesday, UBS (UBS[4]) boosted its price target for MSFT stock from $43 to $46 per share — roughly 13.6% above its Monday close of $40.50 per share, Zolmax notes.

Jeffries Group issued a research note[5] on Friday increasing their price target for MSFT shares from $42 to $47 per share. That would be about 16% above the Monday closing price of MSFT shares. Jeffries maintains a “Buy” rating for Microsoft shares, Ticker Report notes.

Earlier this month, Cowen and Company increased its price target for Microsoft stock from $39 to $40 per share, while Barclays (BCS[6]) hiked its price target for Microsoft shares from $43 to $44 per share.

Last week, MSFT shares surged on news that new CEO Satya Nadella is preparing to launch a version of Micrsoft’s Windows Office suite[7] that is compatible with Apple’s (AAPL[8]) popular iPads.

MSFT stock sank modestly in Tuesday morning trading. Microsoft stock has gained more than 40% over the past 12 months.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/07/microsoft_sign_630_flickr.jpg
  2. have boosted their expectations: http://zolmax.com/investing/microsoft-pt-raised-to-46-00-msft/234996/
  3. MSFT: http://studio-5.financialcontent.com/investplace/quote?Symbol=MSFT
  4. UBS: http://studio-5.financialcontent.com/investplace/quote?Symbol=UBS
  5. issued a research note: http://tickerreport.com/banking-finance/171725/microsoft-given-new-47-00-price-target-at-jefferies-group-msft/
  6. BCS: http://studio-5.financialcontent.com/investplace/quote?Symbol=BCS
  7. preparing to launch a version of Micrsoft’s Windows Office suite: http://investorplace.com/2014/03/msft-microsoft-aapl-apple-o-fcx/#.UzGUvNxhOf0
  8. AAPL: http://studio-5.financialcontent.com/investplace/quote?Symbol=AAPL

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