Analysts Praise Microsoft and HPE with Bullish Sentiments
Analysts have offered insights on two major technology companies: Microsoft (MSFT) and Hewlett Packard Enterprise (HPE).
Microsoft's shares closed at $496.82 last Wednesday, but analysts are optimistic about the company's future. Bernstein analyst Mark Moerdler maintained a Buy rating on the stock with a price target of $660.00.
The analyst consensus for Microsoft is Strong Buy, with an average price target of $568.74 and a 13.8% upside from current levels. Wells Fargo also maintained a Buy rating on the stock with a $700.00 price target.
Hewlett Packard Enterprise's shares closed at $51.83 last Wednesday, but analysts are still bullish on the company. J.P. Morgan analyst Joseph Cardoso reiterated a Buy rating on the stock with a price target of $70.00.