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Analysts Offer Insights on Technology Companies: Intuit (INTU) and Microsoft (MSFT)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Intuit (INTUResearch Report) and Microsoft (MSFTResearch Report).

Intuit (INTU)

J.P. Morgan analyst Mark Murphy maintained a Hold rating on Intuit yesterday and set a price target of $585.00. The company’s shares closed last Monday at $639.84, close to its 52-week high of $671.01.

According to TipRanks.com, Murphy is a 5-star analyst with an average return of 12.2% and a 60.8% success rate. Murphy covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and BigCommerce Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Intuit with a $706.57 average price target.

See the top stocks recommended by analysts >>

Microsoft (MSFT)

In a report released yesterday, Raimo Lenschow from Barclays maintained a Buy rating on Microsoft, with a price target of $475.00. The company’s shares closed last Monday at $424.57, close to its 52-week high of $430.82.

According to TipRanks.com, Lenschow is a 4-star analyst with an average return of 4.2% and a 50.5% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, DigitalOcean Holdings, and DoubleVerify Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Microsoft with a $471.71 average price target, an 11.3% upside from current levels. In a report issued on March 20, KeyBanc also initiated coverage with a Buy rating on the stock with a $490.00 price target.

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