
Citi has reiterated its Buy rating on Uber Technologies Inc., maintaining a price target of $102, citing the company's new product suite that enhances affordability, frequency, and convenience as key drivers for multi-year growth. Meanwhile, Citi has raised its price target for Microsoft Corp to $540 from $480 while maintaining a Buy rating. This upgrade follows Microsoft's strong third-quarter earnings report and a 3% workforce reduction, which is expected to provide over $1 billion in fiscal year 2026 tailwinds. Citi highlighted the reacceleration of Azure growth and continued capital expenditure momentum as positive factors supporting the outlook. Analysts at Citi suggest that Microsoft shares could jump nearly 20% based on these developments.
Microsoft Stock Remains a Buy, Citi Analysts Say. Why They Think Shares Can Rise 20%. https://t.co/ytbtnh5PoO
$MSFT | ๐๐ข๐๐ซ๐จ๐ฌ๐จ๐๐ญ (MSFT): Citi raises ๐๐ ๐ญ๐จ $๐๐๐ (from $480), maintains ๐๐ฎ๐ฒ. Azure growth reaccelerating, CapEx momentum intact โ RIF savings provide $1B+ FY26 tailwind. https://t.co/1v6A3Dg8oa
$UBER | ๐๐๐๐ซ (UBER): Citi reiterates ๐๐ฎ๐ฒ ๐ซ๐๐ญ๐ข๐ง๐ , maintains ๐๐ ๐๐ญ $๐๐๐. New product suite enhances Affordability, Frequency & Convenience โ key pillars for multi-year growth. https://t.co/uHl5ehElyh
