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Analysts Revise Ratings for Top Tech Stocks

Guavy AI Editorial Team
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CRM MSFT
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Financial analysts have updated their ratings for several major tech companies.

J.P. Morgan analyst Samik Chatterjee raised Microsoft's price target to $625 from $550, maintaining a buy rating on the stock.

Chatterjee also upgraded Oracle's rating to buy and increased its target price to $200 from $270, while Evercore analyst Mark Lipacis kept Applied Materials' rating at buy with a new target of $700, up from $515.

In contrast, UBS analyst Timothy Arcuri cut Intel's target price to $112 from $121, keeping the company's hold rating intact. J.P. Morgan's Chatterjee also lowered Salesforce's target price to $250 from $320 and kept a buy rating on it.

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