Microsoft (MSFT) Reiterated at Market Outperform by Citizens Amid Revenue Sharing Negotiations

Citizens analyst Patrick Walravens reiterated a Market Outperform rating and $550.00 price target on Microsoft (NASDAQ: MSFT).

The analyst commented, "China's Moonshot in talks with Microsoft (MSFT, MO, $550 PT), Amazon, Google over K3 revenue sharing at levels up to 30%, per Reuters. This looks like the first serious attempt to price distribution. Negotiations following through would mean moving price towards frontier models."

For an analyst ratings summary and ratings history on Microsoft click here. For more ratings news on Microsoft click here.

Shares of Microsoft closed at $513.53 yesterday.

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