There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Microsoft (MSFT – Research Report) and Redwire (RDW – Research Report) with bullish sentiments.
Microsoft (MSFT)
Evercore ISI analyst Peter Levine maintained a Buy rating on Microsoft yesterday and set a price target of $295.00. The company’s shares closed last Thursday at $286.11, close to its 52-week high of $294.18.
According to TipRanks.com, Levine is a 1-star analyst with an average return of
Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $305.07, implying a 6.9% upside from current levels. In a report issued on April 5, J.P. Morgan also maintained a Buy rating on the stock with a $305.00 price target.
See today’s best-performing stocks on TipRanks >>
Redwire (RDW)
In a report released yesterday, Mike Crawford from B.Riley Financial initiated coverage with a Buy rating on Redwire and a price target of $5.00. The company’s shares closed last Thursday at $2.99.
According to TipRanks.com, Crawford is ranked #277 out of 8380 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Redwire with a $5.00 average price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on MSFT:
