Investors and analysts gained confidence with the company’s latest report
According to LearnBonds, Microsoft stock reached the highest level in history amid analyst’s confidence in durable growth trends.
Microsoft stock price scores a record level of $185 after a second-quarter beat. The company’s share price is up 15% since the beginning of this year, extending the 12-month rally to 71%. The market experts are expecting further development in the nearest time.
The majority of analysts have increased Microsoft share price targets after second-quarter results. RBC (Royal Bank of Canada) provided a $200 price target compared to the prior target of $180.
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