Wall Street sets Microsoft (MSFT) stock price for next 12 months

Microsoft (NASDAQ: MSFT) closed Thursday at $507.03, down 0.61% on the session. The stock is still up 21.1% year-to-date, ahead of the S&P 500’s 12.54% rise over the same period.MSFT YTD stock price chart. Source: Google Finance On September 15, Microsoft announced a quarterly dividend increase of 9.6%, raising its payout to$ 0.91 per share. The move marked the company’s 23rd consecutive year of dividend growth, representing a 10% increase from the prior quarter. At recent levels, the yield stands near 0.7% ...