Citi Reiterates Buy Rating on Microsoft (MSFT)

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Go back to Citi Reiterates Buy Rating on Microsoft (MSFT)

Microsoft (MSFT) PT Raised to $495 at TD Cowen

July 18, 2024 5:08 AM EDT

TD Cowen analyst J. Derrick Wood raised the price target on Microsoft (NASDAQ: MSFT) to $495.00 (from $470.00) while maintaining a Buy rating.

The analyst comments "Office 365 Commercial: We model 14% cc growth (vs. 15% cc last qtr) and expect MSFT to deliver an in-line qtr. While vendor consolidation and ARPU growth via... More