UBS has increased its price target for Microsoft, indicating further potential for the tech giant. The Swiss bank still recommends a 'Buy' rating, reflecting confidence in Microsoft's growth prospects.
This adjustment is part of UBS's ongoing analysis of the company's performance and market position. The updated price target is expected to attract investor interest, reinforcing Microsoft's status in the technology sector.
The announcement was made public on December 18, 2024, at 05:39 GMT, highlighting UBS's proactive approach in the financial markets.