Microsoft Undervalued And Set for a Rebound – Barron’s
Microsoft shares have fallen by almost 6% so far this year, faring worse than the Nasdaq Composite, down 3%.
However, according to Cowen & Co., the company’s fortunes are set to improve.
On Tuesday, Analyst Gregg Moskowitz upgraded Microsoft (ticker: MSFT) from Market Perform to Outperform, with a $58 price target. He argues that…