Microsoft (MSFT) reported strong fiscal third-quarter results. Adjusted earnings per share came in at $4.27, which beat analysts’ consensus estimate of $4.06 per share. In addition, sales came in at $82.9 billion, which also beat analysts’ expectations of $81.3 billion.
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Is Microsoft a Buy or a Sell?
Turning to Wall Street, analysts have a Strong Buy consensus rating on Microsoft stock based on 33 Buys and two Sells assigned in the past three months. Further, the average MSFT price target of $565.77 per share implies 33.43% upside potential. However, it’s worth noting that estimates will likely change following today’s earnings report.
