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MarketBeat
MarketBeat
Business
Chris Markoch

3 Analysts Set $600 Target Ahead of Microsoft Earnings

Many investors expect analysts to change their ratings after a company reports earnings. However, in many cases, investors can get clues about a company’s upcoming earnings from analyst activity before the earnings report is released.

If that’s the case, investors should be bullish about Microsoft Corporation (NASDAQ: MSFT). The tech giant will report earnings on July 29, but analysts appear to be making bullish bets in advance. Since the beginning of July, MSFT stock has received one upgrade and three analysts have raised their price targets.

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