Citi Reiterates Buy on Microsoft (MSFT), Calls It a Top Software Pick

Microsoft Corporation (NASDAQ:MSFT) is one of the AI Stocks Investors Are Watching Right Now. One of the biggest analyst calls on August 14 was for Microsoft.  Citi reiterated the stock as “Buy” stating the tech giant remains a top idea at the firm.

“MSFT remains a top pick in software, and we believe this week’s announcement is another indication of the company’s strong pricing power, which we believed combined with accelerating cloud/AI share gains can drive outsized returns.”

Citi Reiterates Buy on Microsoft (MSFT), Calls It a Top Software Pick

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Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $631 implies a 20.65% upside; however, the Street-high target of $700 implies an upside of 33.7%.

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements.

While we acknowledge the risk and potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSFT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.