Why Enterprise Software Stocks Jumped in the First Half of 2023
After a rocky end to 2022, the enterprise is back. Many stocks that cratered last year on fear that companies would cut back spending have risen this year as the tech environment turned out better than expected, and even artificial intelligence gave stocks a little boost.
According to data provided by S&P Global Market Intelligence, (NASDAQ: MSFT) is up 43.9% year to date as of the close of trading on Friday, Atlassian (NASDAQ: TEAM) has jumped 39%, and Cloudflare (NYSE: NET) is up 47.2%.
Source Fool.com
Microsoft Corp. Stock
With 106 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 420 € shows a slightly positive potential of 7.2% compared to the current price of 391.8 € for Microsoft Corp..