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Citi Trims Microsoft (MSFT) Target, but Remains Bullish on AI Future

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The Story

News Summary

  • Citi lowered its Microsoft (MSFT) price target citing sector multiple compression and AI capex concerns, but maintains a bullish long-term view.
  • Despite a recent downtrend, MSFT has strong seasonal tailwinds in July/August and a 'Strong Buy' consensus rating.
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MSFT price history

496.03 +2.56% over the displayed period

Advisor Snapshot

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