- Morgan Stanley analyst Keith Weiss has raised the price target on Microsoft Corp (NASDAQ:MSFT) to $331 from $305, implying an 11.5% upside, and reiterated an Overweight.
- Weiss sees the potential for a 10%-plus increase of the company’s dividend. Historically Microsoft announces its annual dividend increases in mid-September.
- Given the 32% year-over-year operating income growth seen in FY21, he “conservatively” estimates an increase in the company’s quarterly dividend per share to $0.62 from $0.56, supports about a 20% total return profile for Microsoft when combined with the company’s high-teens EPS growth, Weiss noted.
- Price Action: MSFT shares traded higher by 0.60% at $298.76 in the premarket session on the last check Tuesday.
HireRight Holdings Q4 Adj. EPS $0.32 Beats $0.07 Estimate, Sales $198.50M Beat $183.35M Estimate
HireRight Holdings (NYSE:HRT) reported quarterly earnings of $0.32 per share which beat the analyst consensus estimate of $0.07 by 357.14 percent. The company reported quarterly sales of $198.50 million which beat the
