In a report released yesterday, Kirk Materne from Evercore ISI maintained a Buy rating on Microsoft (MSFT – Research Report), with a price target of $370.00. The company's shares closed last Wednesday at $341.95, close to its 52-week high of $349.67. According to TipRanks.com, Materne is a 5-star analyst with an average return of 21.2% and a 76.3% success rate. Materne covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Qualtrics International, and Tyler Technologies. Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $370.23, implying an 8.5% upside from current levels.
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