The newest Yahoo Finance Company of the Year award winner Microsoft may not be done enriching shareholders, contends bull Dan Ives of Wedbush.
“I think they clearly can hit,” said the widely followed tech analyst on whether Microsoft will hit a $3 trillion market cap in early 2022. Ives rates Microsoft shares at Outperform with a $345 12-month price target.
Microsoft’s stock presently trades at $322 a share.
At a market value of $2.42 trillion, Microsoft is only 23% shy of reaching the $3…
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