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Zacks Investment Research announced Microsoft Corporation (NASDAQ:MSFT), bumping its target to $64.00 earlier today

Zacks Investment Research bumped up the target of Microsoft Corporation (NASDAQ:MSFT) to $64.00 stating a potential upside of 0.12%.

On Tuesday October 11, 2016, Vetr Inc. released a statement on Microsoft Corporation (NASDAQ:MSFT) upped the target price from $0.00 to $59.95 that suggested an upside of 0.05%.

Having a price of $57.00, Microsoft Corporation (NASDAQ:MSFT) traded 0.88% higher on the day. With the last close up 5.45% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Microsoft Corporation has recorded a 50-day average of $57.40 and a two hundred day average of $54.45. Volume of trade was up over the average, with 27,402,451 shares of MSFT changing hands over the typical 25,090,000

Performance Chart

Microsoft Corporation (NASDAQ:MSFT)

With a total market value of $0, Microsoft Corporation has price-earnings ratio of 27.34 with a one year low of $47.02 and a one year high of $58.70 .

A total of 32 brokers have issued a report on Microsoft Corporation. Eight equity analysts rating the company a strong buy, thirteen analysts rating the company a buy, 11 firms rating the stock a hold, one equity analyst rating the company a underperform, and finally 2 brokers rating the stock a sell with a 12-month price target of $57.73.

More About Microsoft Corporation (NASDAQ:MSFT)

Microsoft Corporation is a technology company. The Company develops, licenses and supports a range of software products, services and devices. Its segments are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. Its products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers. It also designs, manufactures, and sells devices, including personal computers, tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories, that integrate with its cloud-based offerings. It offers an array of services, including cloud-based solutions that provide customers with software, services, platforms, and content, and it provides solution support and consulting services. It also delivers online advertising.

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