Analysts have been eager to weigh in on the Technology sector with new ratings on Microsoft (MSFT – Research Report) and Cisco Systems (CSCO – Research Report).
Microsoft (MSFT)
Bank of America Securities analyst Bradley Sills reiterated a Buy rating on Microsoft today and set a price target of $480.00. The company’s shares closed last Wednesday at $411.84, close to its 52-week high of $430.82.
According to TipRanks.com, Sills is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Microsoft with a $477.41 average price target, which is a 14.4% upside from current levels. In a report issued on April 10, UBS also maintained a Buy rating on the stock with a $480.00 price target.
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Cisco Systems (CSCO)
In a report released yesterday, Atif Malik from Citi maintained a Hold rating on Cisco Systems, with a price target of $52.00. The company’s shares closed last Wednesday at $47.79.
According to TipRanks.com, Malik is a top 100 analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Cisco Systems with a $53.73 average price target, an 11.9% upside from current levels. In a report issued on April 9, Deutsche Bank also maintained a Hold rating on the stock with a $52.00 price target.
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