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Deutsche Bank Reiterates Buy Rating on Microsoft (MSFT)

September 17, 2024 9:31 AM EDT

Deutsche Bank analyst Brad Zelnick reiterated a Buy rating and $475.00 price target on Microsoft (NASDAQ: MSFT).

The analyst comments "What's New: Consistent with historical cadence, Microsoft announced a 10.7% increase in its quarterly dividend to $0.83/sh (from $0.75/sh) on Monday after the close, along with a new $60bn share repurchase authorization with no set expiration... More