Credit Suisse Sees 19 Percent Upside in Microsoft

A sign of Swiss banking Credit Suisse is seen on a branch in Lausanne, Switzerland, on April 6, 2021. Fabrice Coffrini/AFP via Getty Images

Credit Suisse analyst Phil Winslow assumed coverage of Microsoft Corp. (NASDAQ:MSFT) with an Outperform rating and $400 price target, implying a 19 percent upside.

He forecasts Microsoft to deliver mid-to-high teens revenue growth for at least the next five years along with high-teens to +20 percent EPS and free cash flow per share growth.