Wells Fargo Sees ‘Bright Future Ahead’ for Microsoft

Wells Fargo Sees ‘Bright Future Ahead’ for Microsoft
A Microsoft logo adorns a building in Chevy Chase, Md., on May 19, 2021. Eva Hambach/AFP via Getty Images
Benzinga
Updated:

Wells Fargo analyst Micahel Turrin initiated coverage of Microsoft Corp. with an Overweight rating and a $400 price target, implying a 15 percent upside.

Even after becoming one of the largest companies on the planet, Microsoft still has a “bright future ahead.”