Market Overview

Vetr Crowd Slightly More Bullish On Microsoft

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  • Shares of Microsoft Corporation (NASDAQ: MSFT) remain within striking distance of their 52-week high of $56.23.
  • The Vetr crowd turned incrementally bullish on Microsoft by upgrading their rating to 3.5 stars out of a possible five from a prior rating of just three stars.
  • Microsoft remains a popular stock among the Vetr crowd as more than 5 percent of the crowd are holding Microsoft in their watch-list.

Shares of Microsoft have gained approximately 20 percent since the beginning of 2015, outperforming the broader indices but underperforming compared to several large-cap tech stocks such as NetfliX that delivered a triple-digit percentage return over the same time period.

The Vetr crowd on Tuesday turned incrementally bullish on Microsoft's stock by upgrading it to 3.5-stars out of a possible five-star rating. This marks the second upgrade in Microsoft's stock over the past week as the prior three-star rating was issued just four days ago.

Despite the two recent upgrades, 73 percent of the crowd's ratings remain bearish. The crowd-sourced price target of $58.53 implies a modest potential upside of 5.37 percent.

A member of the crowd, Adam Rahim, pointed out that Microsoft's quarterly earnings are "sure to surpass those of previous years," especially following the release of a new set of laptops while Xbox consoles remain a holiday favorite. The sentiment was shared by another member of the crowd, Eric Hanson, who expects Surface products will perform "very well" over the U.S. holiday shopping season.

Latest Ratings for MSFT

DateFirmActionFromTo
Oct 2019MaintainsBuy
Oct 2019MaintainsOverweight
Oct 2019MaintainsBuy

View More Analyst Ratings for MSFT
View the Latest Analyst Ratings

Posted-In: holiday sales Microsoft Vetr Vetr CrowdAnalyst Color Crowdsourcing Analyst Ratings General

 

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