Entering text into the input field will update the search result below

BofA sees big 2020 for Microsoft

Dec. 26, 2019 11:13 AM ETMicrosoft Corporation (MSFT) StockMSFTBy: Brandy Betz, SA News Editor71 Comments
  • Bank of America names Microsoft (NASDAQ:MSFT) as a top software pick for 2020 and raises the price target from $162 to $200.
  • Key growth drivers include Azure, gaming, and LinkedIn.
  • BofA says Azure "has still not reached scale in terms of margins," which means it is still a meaningful driver for gross margins long term
  • The bank says Microsoft's revenue could continue to grow more than 10% annually.
  • Microsoft shares are up 0.5% to $158.20. The company has a Very Bullish average Sell Side rating.

Recommended For You

About MSFT Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
MSFT--
Microsoft Corporation