Microsoft Rides Strong Earnings to Multiple Buy Ratings

Microsoft has received a Buy rating and price target from William O'Neil analyst on September 4. The company's shares closed last Friday at $499.70, but some analysts see potential for growth.

The word on the Street suggests a Strong Buy analyst consensus rating for Microsoft with a $571.41 average price target, representing a 14.35% upside. Evercore ISI also maintained a Buy rating on the stock with a $528.00 price target in a report released on September 3.

Microsoft's latest earnings release for the quarter ending June 30 showed a quarterly revenue of $90.01 billion and a net profit of $35.77 billion, compared to last year's revenue of $76.44 billion and net profit of $27.23 billion.