Citigroup Maintains Buy on Microsoft, Lowers Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Buy rating on Microsoft (NASDAQ:MSFT) but lowers the price target from $520 to $500.

July 31, 2024 | 11:43 am
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Citigroup analyst Tyler Radke maintains a Buy rating on Microsoft but lowers the price target from $520 to $500.
The Buy rating suggests continued confidence in Microsoft's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100