[Analyst Ratings] Microsoft gets higher target price；A new rating indicates a 42% increase for another company!
Microsoft (MSFT): 11% upside!![]()
CFRA recently raised its price target for $Microsoft(MSFT.US$ to $330, which would still leave 11% upside at the current share price of $295.37.
The agency believes that MSFT reported EPS of $2.45 for the third quarter ended March 31, above its consensus of $2.22. Revenue growth of 7% (10% ex-exchange) was higher than its forecast of 3%, supported by commercial growth in Office 365.
Azure growth decelerated to 27%, but better than its +25% view, while the decline in the PC business moderated (-9% vs. -19% in the December quarter.) LinkedIn grew 8% and search grew 10% as the ad market appears more resilient than previously thought and MSFT looks to gain search share through Bing.
The agency sees revenue growth returning to +10% by the end of FY23, with greater contribution/integration from AI. Cost reductions will help margins/EPS, but greater calculation intensity will drive capex higher. Considering $56B in net cash and seeing a healthy FCF ($70B in FY24, $80B in FY25), cloud growth will continue to grow at a +20% rate in FY24.
Meta Platforms (META.O): 19% upside!![]()
Morgan Stanley maintains a Hold rating on $Meta Platforms(META.US$ with a price target of $250, which leaves 19% upside at the current share price of $209.40.
Morgan Stanley believes there are multiple new AI drivers in online advertising and generative content creation that will enable Meta to drive stronger engagement, usage duration, ad unit conversion, advertiser ROI and ultimately monetization on core Facebook and Instagram.
The bank believes that AI-driven behavioral changes will lead to lasting multi-year online advertising growth and maintains a Hold rating and $250 price target on Meta.
Coca-Cola (KO.N): 16% upside!![]()
Citi recently raised its price target on $Coca-Cola(KO.US$ to $74, which would still leave 16% upside at the current stock price of $63.55!
Citi analyst Filippo Falorni raised his price target on Coca-Cola to $74 from $71 and maintained a buy rating on the stock. The analyst told investors in a research note that the company reported "solid" first-quarter results, but cautiously maintained its guidance given the uncertain macro environment and the weak start to the second quarter in early April.
Analysts added that Coca-Cola's fundamentals remain solid, with strong pricing power and solid trends in emerging markets.
Amazon(AMZN.O): 28% upside!![]()
J.P. Morgan maintains a Hold rating on $Amazon(AMZN.US$ and a $135 price target, leaving 28% upside at the current stock price of $104.98.
J.P. Morgan said Amazon was still the best Internet stock at the time of the first quarter results. Analysts told investors in a research note that e-commerce trends remained "subdued" in the first quarter, with growth slightly better than the fourth quarter but at a slower pace as macro pressures continued to affect consumer spending.
Analysts believe that Amazon should benefit from the easing of retail competition in 2023 and are confident that the company will be able to expand operating margins in 2023. The analyst maintains a Hold rating on the stock with a price target of $135.
SEA (SE.N): 42% upside!![]()
Benchmark recently gave $Sea(SE.US$ a Buy rating and a $105 price target, which would still leave 42% upside at the latest closing price of $73.47.
Benchmark's positive view of the stock is based on its belief that Shopee and SeaMoney's growth should continue to benefit from favorable structural factors and Benchmark's positive view of the stock is based on its belief that Shopee and SeaMoney's growth should continue to benefit from favorable structural factors and "impressive profitability" in the fourth quarter, noting that the fourth quarter earnings performance was a year ahead of the company's guided timeline.![]()
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kaize finance : i think MSFT, but although I love the business, its valuation is getting out of hand.
CasualInvestor : Has analyst price forecasts ever been met? I usually discount their values as it’s never accurate.
71270750 : microsoft
151790693 CasualInvestor: BUT
PaAg1378 CasualInvestor: I cant agree more.. Im beginning to believe analysts pricings r for sole purpose of fueling market followers to do what they want.
CasualInvestor PaAg1378: I can’t help agreeing with you too. Thus I always take it with a pinch
of salt 
.