Microsoft Stock Soars Despite Recent Dip

Microsoft's stock price took a hit on Tuesday, September 1st, falling by -1.24% from $507.29 to $501.02.

This drop was part of a larger trend, as the stock has risen in 7 out of the last 10 days and is up by 4.03% over the past 2 weeks.

Despite this dip, analysts are optimistic about Microsoft's future prospects. Bank of America Securities recently upgraded MSFT to 'Buy' with a 'hold' action, citing a strong short-term trend.

According to their analysis, Microsoft stock is expected to rise by 35.09% over the next 3 months, with a 90% probability that it will hold between $612.22 and $699.52 at the end of this period.