Microsoft (MSFT) Reiterated at Overweight by Cantor Fitzgerald on Secular AI Growth Trends

Cantor Fitzgerald analyst Thomas Blakey reiterated an Overweight rating and $502.00 price target on Microsoft (NASDAQ: MSFT).

The analyst commented, "We continue to view Microsoft well positioned to benefit from AI secular growth trends as enterprise look to deploy intelligence and context-driven automation across their organizations in a secure, recursive environment supporting our OW rating and $502 PT (24x C27 P/E vs three-year median 30x and SPX current NTM multiple 20x, with shares trading currently at 18x C27 P/E inline with three-year NTM P/E trough)."

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 $381.70 yesterday.

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