Goldman Sachs revamps Microsoft stock price target before earnings
Goldman Sachs just struck a remarkably confident tone on Microsoft (MSFT)stock just ahead of a key earnings report on January 28.
The firm slapped the software giant with a buy rating and an eye-popping $655 price target, which implies nearly 37% upside from current prices.
I can’t say how other analysts see it, but for me, Microsoft has been a unique stock.
Despite its continued fundamental outperformance and strong stock-market showing, it’s never quite been the “it” stock.
However, that unusual reputation hasn’t deterred the stock, which has posted a jaw-dropping 91% gain over the past three years, comfortably beating the broader market.
Last year, however, performance was mostly muted, with the stock up…
