Citi Lowers Price Target on Microsoft Ahead of Earnings
Citi analyst Tyler Radke reduced his price target for Microsoft (MSFT) to $570 due to multiple compression in the enterprise software sector and cautious investor sentiment ahead of its earnings. Despite this, he remains bullish long-term as MSFT still offers a 43% upside from current levels.
Topics: AI Investment Citi Analysts Earnings Outlook Microsoft