Citigroup Maintains Buy on Microsoft, Raises Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Buy rating on Microsoft (NASDAQ:MSFT) and raises the price target from $340 to $425.
July 20, 2023 | 10:54 am
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Citigroup maintains a Buy rating on Microsoft and raises the price target from $340 to $425, indicating a positive outlook for the company.
The raised price target by Citigroup indicates a positive outlook for Microsoft. This could potentially lead to an increase in the stock price in the short term as it signals confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100