Goldman Sachs Sticks to Buy Rating on Microsoft Amid Cloud Computing Boom

Goldman Sachs analyst Gabriela Borges has reaffirmed her 'Buy' rating for Microsoft (MSFT.US) and maintained a target price of $640. According to TipRanks data, Borges has a success rate of 57.0% and an average return of 11.5% over the past year. TipRanks provides analysis data from financial analysts and calculates their success rates and average returns based on their recommendations.

Borges' rating is based on Microsoft's strong performance in recent years, driven by its cloud computing business. The analyst has been tracking the company's growth and believes it will continue to outperform the market.