Cantor Fitzgerald Reiterates Overweight on Microsoft, $502 PT

Cantor Fitzgerald analyst Thomas Blakey reiterated an Overweight rating and $502 price target on Microsoft (NASDAQ: MSFT).

“We continue to view Microsoft well positioned to benefit from AI secular growth trends as enterprise look to deploy intelligence and context-driven automation across their organizations in a secure, recursive environment supporting our OW rating and $502 PT (24x C27 P/E vs three-year median 30x and SPX current NTM multiple 20x, with shares trading currently at 18x C27 P/E inline with three-year NTM P/E trough).”

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