Language:
Instant News and Commentaries
Citi Elevates Microsoft (MSFT.US) TP to US$605, Rating Buy
12 Jun 2025 11:31
Microsoft (MSFT.US) remains Citi Research's top pick in the software sector due to the Company's defensiveness in a volatile macro environment, meanwhile benefiting from the AI product cycle and the market's potentially too low forecast for Azure in FY2026, Citi Research issued a research report saying.

Therefore, the broker rated Microsoft at Buy, and elevated its target price to US$605 from US$540.

For the Azure business, Citi Research believed that generative AI will usher in a next era of growth, following the pandemic that catalyzed customer adoption and accelerated consumption scale.
~



AAStocks Financial News
Website: www.aastocks.com
SG Top Picks
Stock & Type Code Strike(Call Level) Last Effective Gearing
MSFT (C) 10557 515 (-) 0.275 11.7 X

 

Information Provided by AAStocks Financial News [Disclaimer]
Subscribe Newsletter
Get the latest news from us by inputing your email address here.
(Please read our Privacy Policy)