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- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Citi expects Microsoft (MSFT) to post solid beat and raise, lifts stock price target
January 24, 2024 8:20 AM ESTCiti expects a solid beat and raise from Microsoft (NASDAQ: MSFT) when it reports earnings next week. The firm lifted its price target for the tech giant to $470 from $432 per share, maintaining a Buy rating on the stock in a note Wednesday.
The bank... More
Microsoft (MSFT) PT Raised to $470 at Citi
January 24, 2024 4:40 AM ESTCiti analyst Tyler Radke raised the price target on Microsoft (NASDAQ: MSFT) to $470.00 (from $432.00) while maintaining a Buy rating.
The analyst comments "We are reiterating our Buy rating, raising estimates and target price on MSFT. Our latest round of fieldwork (reseller survey,... More
