Microsoft (MSFT) Stock: Citi and Morgan Stanley Bet on an Ignite Rebound. Here’s Why

TLDR Microsoft fell 0.4% to $518.94 in premarket trading Thursday after a 2.3% drop Wednesday. The stock is more than 6% below its $555.80 record close from Nov. 4. Ignite runs Nov. 17 to Nov. 20, with Azure and Copilot expected to lead. Citi has a $680 target and Morgan Stanley has $650, and both [...]

The post Microsoft (MSFT) Stock: Citi and Morgan Stanley Bet on an Ignite Rebound. Here’s Why appeared first on Blockonomi.