Surface Tools Lift MSFT Shares as Gaming Shakeups Loom

1 min read
Source: TipRanks
Surface Tools Lift MSFT Shares as Gaming Shakeups Loom
Photo: TipRanks
TL;DR

Microsoft rolled out a new Surface lineup (including four models priced from about $1,499–$2,000) with features like a hardware privacy screen and haptic feedback, while signaling big changes in its gaming division and hinting at Valve’s Steam Machine developments. Wall Street remains bullish on MSFT with a Strong Buy consensus and an average target around $560, and the stock edged higher on the news.

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