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Microsoft (MSFT) PT Lowered to $475 at Citi, 'AI Revenue May Surprise to the Upside and Justify CapEx Build'

April 18, 2024 4:47 AM EDT

Citi analyst Tyler Radke lowered the price target on Microsoft (NASDAQ: MSFT) to $475.00 (from $480.00) while maintaining a Buy rating.

The analyst comments "We remain positive on MSFT ahead of F3Q results as our quarterly inputs point to strengthening Azure growth trends... More