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Microsoft (MSFT) PT Lowered to $497 at Citi

October 23, 2024 5:58 AM EDT

Citi analyst Tyler Radke lowered the price target on Microsoft (NASDAQ: MSFT) to $497.00 (from $500.00) while maintaining a Buy rating.

The analyst comments "Microsoft shares have lagged over the last Q as investors struggle to rationalize enormous ramps in capex, amidst underwhelming Azure growth... More