Shares of Microsoft (NASDAQ: MSFT) climbed 4.3% on Wednesday, after analysts raised the specter of an imminent dividend increase. Morgan Stanley analyst Keith Weiss reiterated his "overweight" rating on Microsoft's stock and boosted his price forecast from $230 to $245. Microsoft's shareholders may have larger cash dividends headed their way. Read More...
Why Microsoft Stock Rose Today
Shares of Microsoft (NASDAQ: MSFT) climbed 4.3% on Wednesday, after analysts raised the specter of an imminent dividend increase. Morgan Stanley analyst Keith Weiss reiterated his “overweight” rating on Microsoft’s stock and boosted his price forecast from $230 to $245. Microsoft’s shareholders may have larger cash dividends headed their way.
Add Comment