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

The analyst commented, "We maintain our Market Outperform rating and $550 price target on Microsoft after it introduced a new version of Copilot on Friday with four major new capabilities, Home, Code, Autopilot, and Today, leading the stock to rise 4% on Friday versus an increase of 1% for the S&P 500 and roughly flat for the Russell 3000, and after the stock has increased 7% YTD vs. 13% for both the S&P 500 & the Russell 3000."

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 $516.17 yesterday.