Microsoft (MSFT) Reiterated at Market Outperform by Citizens - New Version of Copilot Lifts Stock
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Rating Summary:
60 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 10 | New: 27
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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.
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